Debt Dispute Resolution Steps

Summary

If a debtor in Nigeria acknowledges a debt but disputes the amount, you can send a formal demand letter, engage in mediation, or file a claim in a magistrate court. Mediation can be a quicker and less costly option.

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Queen
Hi Queen! How can I assist you with your legal issue today?
A debtor of mine acknowledges his indebtedness but disputes the sum owed but he doesn’t state the amount he thinks he owes me
Hi Queen! To provide better guidance, can you tell me which state or country you're located in? This will help ensure the information I provide is relevant to your jurisdiction.
Nigeria
Hi Queen!
In Nigeria, you can take the following steps:
- Send a Formal Demand Letter: Outline the debt amount and request payment.
- Mediation: Engage a neutral third party to help resolve the dispute.
- Legal Action: File a claim in a magistrate court.
Would you like more details on any of these steps?
Yes
Hi Queen! Here are more details on each step you can take in Nigeria:
- Send a Formal Demand Letter: Clearly state the amount owed and request payment within a specified time frame.
- Mediation: Engage a neutral third party to facilitate a resolution. This can be quicker and less costly than court proceedings.
- Legal Action: File a claim in a magistrate court if the amount in dispute falls within their jurisdiction.
Would you like assistance with drafting a demand letter or more information on mediation and legal action?