Capital Markets - Aba, Abia, Nigeria
Having innovation as a core value, Christian Web Network is the operator of the new and innovative Debit Instrument-based trade, Liability Exchange. Liability Exchange works both as a debt settlement Instrument and Investment platform. Financial Institutions and other creditor organizations utilize Liability Exchange instrumentality in recovering toxic assetsOur recovery procedureNegotiation is entered with the debtor and on reaching settlement agreement with him, the Company acquires the debt for liability trading and recover full value of principal amount and interest for the creditor. Recovery through debt settlement liability trading provides soft landing for the debtor which enables him to continue his business and to continue to transact with the creditor organizationWhere it is impossible to negotiate with the debtor, the Creditor can negotiate for the settlement. Advantage to the creditor organizations• Using Liability Exchange debt settlement debt recovery will produce more desirable result for the creditor and for the debtor than coercive legal means.• It produces quicker result than the other. Average time frame for recovery after reaching settlement agreement is about 90 days• It will enable the creditor organization to recover full value of principal amount and interest• It will re-establish the creditor organization's goodwill with the indebted customer and enable him to continue business relationship with the creditor organization