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ARTICLE · 21 NOVEMBER 2023

Practical Steps To Recover Debt In Ghana.

Indebtedness within the Ghanaian market poses a severe challenge to lenders and businesses trying to grow their investment portfolios.

GhanaFinance and Banking

Indebtedness within the Ghanaian market poses a severe challenge to lenders and businesses trying to grow their investment portfolios. Many business organisations are indebted, and thus growth is restricted.

As a result of this, institutions dedicated to the recovery of debts have sprung up in Ghana. Their primary focus is to recover long overdue debts and restore their monies. Against this background, this article provides some practical tips to ensure you maximise recovery of your debts and avoid write-offs by focusing on "no-nonsense" techniques that can be deployed to prevent the likelihood of non-payment.

Debt Collection Rates

Legalstone Solicitors follows international standard rates for debt collection cases and the fees stipulated by the Ghana Bar Association for the collection of the debt owed in commercial, corporate, and business contracts.

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