WE yesterday witnessed the advent of the holy month of Ramadan, and we wish many happy returns to everyone. On this occasion, ...

This is sometimes referred to as “charging off” the account. Sometimes collection agencies sell entire portfolios of debt accounts to each other. The reason for this is that the creditor ...

and process and transfer payments related to the collection of the debts. The debt collectors allegedly made threatening statements on the phone to debtors to try and obtain the payment of debts ...

Nigeria remains a key player in international capital markets, issuing a $2.2 billion Eurobond in December 2024 to manage debt obligations.

In a bankruptcy, debtors typically repay a smaller amount of money over a shorter period of time compared with a proposal. But the share of borrowers choosing to file a consumer proposal instead ...