Legal Question in Credit and Debt Law in Nigeria

can I collect a loan from a friend and put down my caterpillar bulldozer as a collateral


Asked on 3/14/17, 12:35 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

14.03.2017

Dear Sir / Madam,

Yes, if your friend is in agreement to the arrangement, you can enter into a Loan Agreement.

Regards,

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Answered on 3/14/17, 6:38 am


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