In Nigeria today, many creditors find out, often too late, that the real challenge in debt recovery isn’t necessarily in the courtroom, but in the lengthy, frustrating journey that follows once a judgment is delivered. Litigation, which was once regarded as the ultimate way to resolve disputes, has instead turned into a minefield. Debtors often shield themselves behind continuous adjournments, procedural manoeuvres, and loopholes that transform the pursuit of justice into an agonising waiting game.

This insightful paper by Chukwulobe, Udenna Michael, Executive Senior Associate, reveals that the most effective recoveries occur before any disputes arise, right at the loan desk. This is accomplished through careful documentation, disciplined credit governance, and the clever application of Alternative Dispute Resolution (ADR). It further unveils how faulty loan structures can sabotage enforcement efforts and illustrates why methods such as negotiation, mediation, and well-crafted ADR frameworks consistently surpass litigation in terms of cost, speed, confidentiality, and debtor compliance. For lenders, financial institutions, businesses, and legal professionals, this paper provides a bold roadmap for achieving genuine, predictable recovery outcomes in Nigeria and beyond.

Download the full paper now to learn how ADR can revolutionise your debt recovery approach, enabling you to recover more, faster and with fewer losses.