A lawyer-led process for loan recovery.
Start with a defined pilot. Agree what files are in scope, what records are needed, the fees and the reporting before any borrower is contacted.
Every letter is reviewed by a practitioner. Court filing and other material next steps require the lender’s written approval.
Start with a small, agreed scope.
Agree a pilot
The firm and lender agree the account types, scope, fees, reporting and approval points before any files are accepted.
Share the records securely
Provide only the borrower and loan information needed for the agreed work, including the loan terms, account statement, repayment history and prior notices.
Review every file
Missing information is flagged. A lawyer reviews and signs each demand letter before service; no court step is taken without written approval.
Track and report
The parties agree how service, replies, payments, disputes and next steps will be recorded and reported during the pilot.
Fees and reporting are agreed before the pilot.
The standard demand-letter options are ₦20,000 when the lender serves the reviewed letter and ₦40,000 when Pandas LP serves it. Portfolio pricing, reporting and any further court work are agreed in writing for the particular engagement; court fees are separate.
For single business debts, see business debt recovery.