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How Do I Recover My Money From A Debtor ? - Business (2) - Nairaland

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Re: How Do I Recover My Money From A Debtor ? by seanwilliam(m): 7:44pm On May 28, 2021
Send me 50k I’ll recover the 175 for you
Re: How Do I Recover My Money From A Debtor ? by faceland: 7:44pm On May 28, 2021
Arrest his ass.

I just hope you didn't pay him in cash and did bank deposit or transfer (evidence of payment).

This would be experience for you to do all transactions on paper in case of dispute.

You can arrest him with 2k, you can send him to prison (hire a lawyer) with 15 to 20k... If he sees he is about to go to jail, the money would appear (mostly by his family and relatives).

4 Likes 1 Share

Re: How Do I Recover My Money From A Debtor ? by Dexpro: 7:44pm On May 28, 2021
Report him to the nearest NSCDC office
Re: How Do I Recover My Money From A Debtor ? by ecomalchemist(m): 7:45pm On May 28, 2021
This one loud o
Re: How Do I Recover My Money From A Debtor ? by colestephan86: 7:47pm On May 28, 2021
blizard44:
Hi, all.

I recently tried building a business that didn't fly .

I had partnered with someone to raise funding for a mini bus to be used for intra city transport .

The arrangement was one that I had to make a down payment of 400,000 and he will get me the vehicle after which I will repay in installments.

Long story short, after I signed the agreement papers, made the transfer and was expecting the vehicle in few days , he suddenly started acting funny.

I will call without end and he will leave the line unanswered.

Whenever he manages to pick up, it's one story of how his manager is sick or his child is dieing , so there is no way he could go to Ladipo.

I sensed that he was playing games and asked him to refund my money after three weeks of scanty and almost inexistent communication. And that's how the main drama started.

He would instruct me to forward my account number, go and meet this and go and meet that.

With bloodshot eyes , I stormed his office on Sunday and managed to wrench 225,000 from him after a laborious try.
Now , my 175,000 is suspended on heavy balloons of spurious promises .



I have been thinking of going to the police but nothing will come out of it considering how entwined he is with the local police force .

When push comes to shove, I'm aware they might direct that he pay me over the next ten years in coins and cowries grin.l .

But I don't want that.




The other option is to go there and do werey. cool To exert physical force . But im security go overpower me. And I don't leave without a fight. So it will be bloody.

One of the topics from Islamic section on the front page admonishes against anger and enjoins us to brood over the possible consequences of our intended actions.

So, this one too has Kleg. cheesy




Have you ever been in my shoe ?

What do you suggest I do?

The money in question is my home and abroad.
My last card!

And a confrontation will sooner or later ensue.

How do I go about this with minimal friction and prompt response from him?
Brother na madness them dey carry cure madness o.
He has seen that you are soft but no worries.
Get some two soldiers and a vehicle and pick up few valuable things in is place but first be sure what you carry are valuable.
Take pictures of it as you pick them. Best believe he will rush and pay you. If he has to let you go with the valuables, make sure he pays and hen he pays , take all the items to the police station , there police will open office on his head

1 Like

Re: How Do I Recover My Money From A Debtor ? by ceejay80s(m): 7:48pm On May 28, 2021
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Re: How Do I Recover My Money From A Debtor ? by Emotionss: 7:49pm On May 28, 2021
Something similar happened to me earlier this year ( bad business) after all said and done, I have to travel to umuoji village in idemili North Anambra state to see a very good friend of mine. Less than 48hrs later, the idiot returned my money with Abeg.
Re: How Do I Recover My Money From A Debtor ? by dennisworld1(m): 7:50pm On May 28, 2021
Go carry soldiers with 20k. Dem go beat am collect extra cash
Re: How Do I Recover My Money From A Debtor ? by faceland: 7:52pm On May 28, 2021
colestephan86:

Brother na madness them dey carry cure madness o.
He has seen that you are soft but no worries.
Get some two soldiers and a vehicle and pick up few valuable things in is place but first be sure what you carry are valuable.
Take pictures of it as you pick them. Best believe he will rush and pay you. If he has to let you go with the valuables, make sure he pays and hen he pays , take all the items to the police station , there police will open office on his head

If he is wise or educated he can start another trouble from that. It's best to arrest him so he sell his properties himself to pay (because he didn't deposit those items as collateral).
Re: How Do I Recover My Money From A Debtor ? by usman3688(m): 7:53pm On May 28, 2021
I'm even I a worst situation now, almost 1.5 million hanging for close to a year now. I'm frustrated cos I can't go the police for same reason u gave above and the guy keeps posting me. My plna is to get some soldiers to arrect him and detain him until I can get my money back but it's proving hard to execuse
Re: How Do I Recover My Money From A Debtor ? by Emeka71(m): 7:59pm On May 28, 2021
@blizard44 ; I would advise you to forget about the money.
Re: How Do I Recover My Money From A Debtor ? by SteveOfu: 8:04pm On May 28, 2021
grin

Op dont involve police at all, just find the the closest Army check point and explain to them, they will help you beg your debtor to pay you


but tell them not to touch the guy, the soldier should interrogate and seriously caution the debtor to payup his debt. that all you need is the guy to pay you ya money. This method Very effective, also works for me. I love the army

2 Likes

Re: How Do I Recover My Money From A Debtor ? by Nobody: 8:05pm On May 28, 2021
Shoodboi:


I don't support what I am about to say but desperate times require desperate measures...

Stubbornness must be met with bigger stubbornness,

Illegality must be met with bigger illegality,

Madness must be left with bigger madness,

Hire between two and four soldiers and trap him in his office. Don't let him to go unless he pays the balance.


I see people asking you to hire lawyers or call EFCC and all that...

EFCC will direct you to police because the money is small. Your lawyers will only eat your money and the case will stall in court and you'll spend more than you lost,

And police? The guy will pay 50k, police will give you 25k and the rest of the balance will disappear into the air. You won't even see the coins or cowries you talked about

The guy will still pay bail separately. grin grin grin
gringringringrin abeg no kill me with laff.

1 Like

Re: How Do I Recover My Money From A Debtor ? by Blackdisciple(m): 8:05pm On May 28, 2021
Hmmmm...!
175k remaining....

Ok bros lemme tell u something, the way u did 225k came out still do that , and I will tell u that if u should take that to the police, anything he writes that's what he will be paying till the cash is complete.

Imagine if he say he will be paying 5- 5k till it's complete ..! So I will advice you that you should continue pesting him till the remaining cash comes out.
If he should give u any amount from that 175 k collect it till he complete cos half bread is better than none.

1 Like

Re: How Do I Recover My Money From A Debtor ? by nedekid: 8:05pm On May 28, 2021
Unfortunately you are at his mercy.
You best option is to go make wahala in his office or home. Don't go alone, If you have a military buddy willing to go along, that is a plus.
The proper thing is to sue the guy, but that is a no no. For how much naa?
Going to police nko? He has so far not committed a crime I think. Maybe you can get him to give you a post dated cheque for your balance that will bounce, then that is a crime you can use police to hold him.
As it is, if you go to police, they will give him a payment plan(at most). Half of your money will disappear.
If he is charged to court, he can say he will pay 1k a month for next 10 years!
So, your best bet is to go to do small wahala.

1 Like 1 Share

Re: How Do I Recover My Money From A Debtor ? by tellwisdom: 8:07pm On May 28, 2021
Look for a big stone and hit him. undecided

Let me know if you need the bus. Be it 5-10 in Ladipo, matori - I will connect you to someone reliable- Motor spare parts inclusive. Sorry man

1 Like

Re: How Do I Recover My Money From A Debtor ? by cletz991(m): 8:07pm On May 28, 2021
Calibrator:
Buy two raw eggs and paint one blue and the other red.


Smart moveGo to his office, fake incantations with his name as if you are speaking to the eggs and break the blue painted egg on his office premises then tell him to dare you and not return your money before you lose patience and break the red one.



If you don't see your money in three weeks, call me whatever you want.





I am charging you 2.5% of the N175k for this OT.
Re: How Do I Recover My Money From A Debtor ? by cletz991(m): 8:08pm On May 28, 2021
Smart move
Calibrator:
Buy two raw eggs and paint one blue and the other red.


Go to his office, fake incantations with his name as if you are speaking to the eggs and break the blue painted egg on his office premises then tell him to dare you and not return your money before you lose patience and break the red one.



If you don't see your money in three weeks, call me whatever you want.





I am charging you 2.5% of the N175k for this OT.
Re: How Do I Recover My Money From A Debtor ? by eyinola: 8:08pm On May 28, 2021
SeaTrade:
Africans are something else when it comes to credit,reason I don't blame banks for denying their punk ass loans.
As me and you dey talk so,my money dey inside one client belle like this.
It's always one story or the other for hot selling goods weh I give the idiot 3 months ago.
Where my goods?E no dey.
Where my money?come today,tomorrow,nextweek,saturday...its endless.
All these because I no get time to chase am as distance separate us.
My own different because I hold the fool e cheques so when I ready ,body go tell am.
Than to do business on credit ehn,better don't sell!
my client issue me a a cheque but was rejected cos money no dey him account, he issue me abt 6 cheques for ordinary 120K 30k, 30K, 20k 20k20k and it's been over a 2 months that the cheque were returned, I don call call tire I will call u tomorrow am expecting money from local government, its been from one story to another..I am getting frustrated and i really don't know how to fight this battle
Re: How Do I Recover My Money From A Debtor ? by Kobicove(m): 8:09pm On May 28, 2021
Trusting people to hold up their own end of the bargain in business transactions in Nigeria is very difficult.

I also have several bastards who are owing me angry
Re: How Do I Recover My Money From A Debtor ? by Nobody: 8:11pm On May 28, 2021
saphiere:
Pray over it.

I'll do, thank you.
Re: How Do I Recover My Money From A Debtor ? by Nobody: 8:11pm On May 28, 2021
blizard44:
Hi, all.

I recently tried building a business that didn't fly .

I had partnered with someone to raise funding for a mini bus to be used for intra city transport .

The arrangement was one that I had to make a down payment of 400,000 and he will get me the vehicle after which I will repay in installments.

Long story short, after I signed the agreement papers, made the transfer and was expecting the vehicle in few days , he suddenly started acting funny.

I will call without end and he will leave the line unanswered.

Whenever he manages to pick up, it's one story of how his manager is sick or his child is dieing , so there is no way he could go to Ladipo.

I sensed that he was playing games and asked him to refund my money after three weeks of scanty and almost inexistent communication. And that's how the main drama started.

He would instruct me to forward my account number, go and meet this and go and meet that.

With bloodshot eyes , I stormed his office on Sunday and managed to wrench 225,000 from him after a laborious try.
Now , my 175,000 is suspended on heavy balloons of spurious promises .



I have been thinking of going to the police but nothing will come out of it considering how entwined he is with the local police force .

When push comes to shove, I'm aware they might direct that he pay me over the next ten years in coins and cowries grin.l .

But I don't want that.




The other option is to go there and do werey. cool To exert physical force . But im security go overpower me. And I don't leave without a fight. So it will be bloody.

One of the topics from Islamic section on the front page admonishes against anger and enjoins us to brood over the possible consequences of our intended actions.

So, this one too has Kleg. cheesy




Have you ever been in my shoe ?

What do you suggest I do?

The money in question is my home and abroad.
My last card!

And a confrontation will sooner or later ensue.

How do I go about this with minimal friction and prompt response from him?

Recover your money from him the MuhamMad style:


Hadith
حَدَّثَنَا سُلَيْمَانُ بْنُ حَرْبٍ، قَالَ حَدَّثَنَا حَمَّادُ بْنُ زَيْدٍ، عَنْ أَيُّوبَ، عَنْ أَبِي قِلاَبَةَ، عَنْ أَنَسٍ، قَالَ قَدِمَ أُنَاسٌ مِنْ عُكْلٍ أَوْ عُرَيْنَةَ، فَاجْتَوَوُا الْمَدِينَةَ، فَأَمَرَهُمُ النَّبِيُّ صلى الله عليه وسلم بِلِقَاحٍ، وَأَنْ يَشْرَبُوا مِنْ أَبْوَالِهَا وَأَلْبَانِهَا، فَانْطَلَقُوا، فَلَمَّا صَحُّوا قَتَلُوا رَاعِيَ النَّبِيِّ صلى الله عليه وسلم وَاسْتَاقُوا النَّعَمَ، فَجَاءَ الْخَبَرُ فِي أَوَّلِ النَّهَارِ، فَبَعَثَ فِي آثَارِهِمْ، فَلَمَّا ارْتَفَعَ النَّهَارُ جِيءَ بِهِمْ، فَأَمَرَ فَقَطَعَ أَيْدِيَهُمْ وَأَرْجُلَهُمْ، وَسُمِرَتْ أَعْيُنُهُمْ، وَأُلْقُوا فِي الْحَرَّةِ يَسْتَسْقُونَ فَلاَ يُسْقَوْنَ‏.‏ قَالَ أَبُو قِلاَبَةَ فَهَؤُلاَءِ سَرَقُوا وَقَتَلُوا وَكَفَرُوا بَعْدَ إِيمَانِهِمْ، وَحَارَبُوا اللَّهَ وَرَسُولَهُ‏.‏
Narrated Abu Qilaba:

Anas said, "Some people of `Ukl or `Uraina tribe came to Medina and its climate did not suit them. So the Prophet (ﷺ) ordered them to go to the herd of (Milch) camels and to drink their milk and urine (as a medicine). So they went as directed and after they became healthy, they killed the shepherd of the Prophet and drove away all the camels. The news reached the Prophet (ﷺ) early in the morning and he sent (men) in their pursuit and they were captured and brought at noon. He then ordered to cut their hands and feet (and it was done), and their eyes were branded with heated pieces of iron, They were put in 'Al-Harra' and when they asked for water, no water was given to them." Abu Qilaba said, "Those people committed theft and murder, became infidels after embracing Islam and fought against Allah and His Apostle ."

Sahih al-Bukhari 233
In-book : Book 4, Hadith 100
USC-MSA web (English) : Vol. 1, Book 4, Hadith 234  


The MuhamMad style to debt recovery. You catch him, cut his hands and legs and then put hot iron leads inside his eyes. This is the most effective debt recovery procedure as carried out by the Prophet of islam, MuhamMad
Re: How Do I Recover My Money From A Debtor ? by Nobody: 8:11pm On May 28, 2021
eyinola:
my client issue me a a cheque but was rejected cos money no dey him account, he issue me abt 6 cheques for ordinary 120K 30k, 30K, 20k 20k20k and it's been over a 2 months that the cheque were returned, I don call call tire I will call u tomorrow am expecting money from local government, its been from one story to another..I am getting frustrated and i really don't know how to fight this battle

So, we plenty grin
Re: How Do I Recover My Money From A Debtor ? by Kobicove(m): 8:12pm On May 28, 2021
blizard44:


So, we plenty grin

Yes o sad
Re: How Do I Recover My Money From A Debtor ? by stupidmod3: 8:14pm On May 28, 2021
ictjobber:
Lending money to a Nigerian is human, collecting it back is divine
read the topic before u comment

1 Like

Re: How Do I Recover My Money From A Debtor ? by Nobody: 8:14pm On May 28, 2021
Shoodboi:


I don't support what I am about to say but desperate times require desperate measures...

Stubbornness must be met with bigger stubbornness,

Illegality must be met with bigger illegality,

Madness must be left with bigger madness,

Hire between two and four soldiers and trap him in his office. Don't let him to go unless he pays the balance.


I see people asking you to hire lawyers or call EFCC and all that...

EFCC will direct you to police because the money is small. Your lawyers will only eat your money and the case will stall in court and you'll spend more than you lost,

And police? The guy will pay 50k, police will give you 25k and the rest of the balance will disappear into the air. You won't even see the coins or cowries you talked about

The guy will still pay bail separately. grin grin grin

You radical pass me abeg grin

Looks like the surest way out all the same.


We'll read more comments though.

1 Like

Re: How Do I Recover My Money From A Debtor ? by oluwatosin070: 8:16pm On May 28, 2021
I might have another way to get back your money...

Go to your bank and complain that you did a business gone bad and tell them to help you escalate to the Fraud department.

Your bank's fraud department will send a mail to your debtor's bank to place a hold on the account until your debtor pays..

Infact your bank's fraud team will also request your debtor's BVN, if it is given, it will be sent to NIBSS for possible watchlisting, which means every of your debtor's account even the one in other banks will be blocked..

When your debtor can not withdraw from any account of his, he will pay back the money thereafter his account will be released..

However, you will need a police report which could cost you #2000 for all the procedures..

I only gave this advise because I am a Fraud investigator..

Cheers

12 Likes 2 Shares

Re: How Do I Recover My Money From A Debtor ? by Nobody: 8:17pm On May 28, 2021
Emeka71:
@blizard44 ; I would advise you to forget about the money.

Nwa nna,

Just like that?

I went through hell to put this money together .

I'm not a yahoo boy. I'm a thoroughbred hustler.

My hand be like sandpaper where I dey grind for the bar .

I should just let go ? shocked
Re: How Do I Recover My Money From A Debtor ? by Joromi1: 8:19pm On May 28, 2021
Pistol-whip him, bro.
Re: How Do I Recover My Money From A Debtor ? by Nobody: 8:20pm On May 28, 2021
colestephan86:

Brother na madness them dey carry cure madness o.
He has seen that you are soft but no worries.
Get some two soldiers and a vehicle and pick up few valuable things in is place but first be sure what you carry are valuable.
Take pictures of it as you pick them. Best believe he will rush and pay you. If he has to let you go with the valuables, make sure he pays and hen he pays , take all the items to the police station , there police will open office on his head

Police na this man paddy o.

And I no get that kind temper to dey calm down dey select things to carry .

I might knock him unconscious immediately he start doing anything stupid if I try to go through that part.

Is there no other legal way to do this other than involving the police?
Re: How Do I Recover My Money From A Debtor ? by ictjobber: 8:22pm On May 28, 2021
stupidmod3:
read the topic before u comment

You must be dyslexic
Re: How Do I Recover My Money From A Debtor ? by colestephan86: 8:22pm On May 28, 2021
blizard44:


Police na this man paddy o.

And I no get that kind temper to dey calm down dey select things to carry .

I might knock him unconscious immediately he start doing anything stupid if I try to go through that part.

Is there no other legal way to do this other than involving the police?
Lawyers are on strike.
Use madness to cure madness it works

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