CONTACT INFORMATION

HOW TO DEAL WITH LOAN DEFAULT

Social media has been buzzing with a picture of a writing on the walls of an alleged loan defaulter. The writings also allege that QUICK CREDIT, a popular loans company, is the person behind the writings. Let me say here that I have not done any independent check to confirm if Quick Credit is behind the writings on the walls of the person and this article is not in any way intended to take-on the said company but rather provide general advice to the public at large. This “quick credit” defaulter and other issues concerning how companies treat customers who default in paying loans has inspired my decision to take up this topic and share a few tips to both individuals and companies alike. This Article will throw some light on the rights of a defaulter as well as the right of the creditor and what the two parties can safely do to ensure they do not fall at the wrong side of the law. To set the tone, let me share the story of a client whose name I cannot mention....

The legal status of properties purchased for or in the name of a “Slay Queen/Side Chick”, or “Side Guy”.

One cannot help but notice that we are currently in an era of the booming " slay queen " business. There is also the growing trend of " side chick " and " side guy " relationships. In these trends, it is not unusual for properties to be acquired for or in the name of the “side chick”, or “side guy”. Most often when there is a fallout in these amorous relationships there is the issue of one party attempting to retrieve all properties purchased for or in the name of the other party. This is usually met with fierce resistance from the other party whom the said property was purchased for or in whose name it was purchased. The question is, will the purchaser of the said property be able to legally recover the said property from the person the property was purchased for or in whose name it was purchased. Generally, a person who has legal title to a property is presumed to be the absolute owner of the property unless some other person can establish a bene...

FULL JUDGMENT OF GN BANK CASE (DR. PAPA KWESI NDUOM & 2 OTHERS VRS BANK OF GHANA & 2 OTHERS)

Full Judgment of the Court of Appeal in the GN Bank case can be donwloaded from this link: DOWNLOAD

LAWS OF GHANA SIMPLIFIED

Search This Blog