It is commonplace to hear creditors express the cliche – “we do not want to use good money to chase bad money.” We understand this concern because recovering substantial debts can be a stressful, exhausting and expensive undertaking. While the expense of legal action can seem daunting, the ultimate goal is recovering what is rightfully owed as swiftly as possible. At Abe & Asotie LP, effective debt recovery hinges on a well-executed strategy. Recognising the financial implications that may be associated with debt recovery, we work closely with our clients to develop cost-effective yet impactful solutions. Usually, our approach begins with a thorough assessment of the debtor’s history and profile, allowing us to tailor a legal strategy designed for optimal efficient results.

We have helped a lot of corporate entities and individuals recover debts in huge volumes and values. This is why we are well known for our expertise in helping clients recover debts.

On a similar note, we help our clients restructure their debts. With a long track record of advising creditors, debtors and distressed investors, we deeply understand how different stakeholders operate and react.

Armed with practical knowledge and strategy, our clients trust us to help them recover debts owed to them using different effective approaches that deliver quick results. We also guide debtor clients through the most challenging debt situations and help them employ the most effective strategy that will yield the best result for them in managing their debt portfolio.

Our service in this sector includes advising on debt recovery strategies (including legal and extrajudicial options), representing clients in debt recovery litigation, advising on the enforcement of judgments and security interests, advising debtors on debt restructuring options, representing debtors in insolvency proceedings (including winding-up petitions, receivership, and liquidation) and representing creditors in creditors’ meetings and committees.