Steem4nigeria Accelerator Contest Week 54:What is the best way to retrieve debt?

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Good day everyone, how is blogging going so far, I hope everything is under control.
So is another time and another opportunity to share our different ideas and diffent meaningful contributions on this very topic and ongoing comtest in the steemit platform.

What is debt? and how do you understand it.

A debt can be seen as any tangible or intangible something that is offered to someone and expecting a return within a period of time.
Meanwhile, debt Des not only refer to money or any tangible thing, but some other intangible tthings. Like for instance; you can offend someone and without Apologizing to that person, at that moment we can say that you are owing that person a debt of apology, and the only way you can pay that debt is by apologizing to that person you have offended.

So meanwhile debt does not only refer to money cause I know once some of us hear about debt what will come into our mind is money.
So I will like us to understand is not all about money rather it touches so many things.

Have you been indebted before? How did you pay back

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Yes of course, when it comes in terms of money, nobody will say that he have not been indebt before, everybody use to owe and later pay back to that person they are oweing.

So meanwhile I will not deny the fact that I have owe someone before but later pay back to that person and also I have also been indebt of apology and I also pay back to that person, and allow peace to lead.

How Did You Pay Back; How I pay back the money I was oweing is not the problem, because if you want to take loan from someone, you will first know that you have hope of paying back or you have what you gonna do with the money that will give you back the money times two or three that will help you pay back the loan and continue your business.

So when I was indebt, I use the money that was loaned to me and solve one particular problem and then use the money from my salary and payed back to the person that I was owing and also thank him alot.

And also I have also offend someone and didn't apologize to that person due to pride and expect that person to come and apologize to me, so when I come to think about that after some time, I fully realized that am the one that offended and also the one to go and render apology to that person, but guess what?, My pride still won't let me go, and I was having that burden in my heart and didn't have peace of mind at that time, so I decided to swallow the pride and apologize to that person, which I did and immediately he accepted and we forget everything at that same moment and that burden also disappeared and I started having peace of mind, because of what, because I have successfully pay the debt of apology am owing.

Have you ever regretted helping someone due to payment approach from previous helpers?

Yes I have ever regret helping someone, but I came to a point to understand that regretting a help you rendered to someone is exactly what defines unmatured human beings, because when you regret the help you rendered to someone it may lead you not to help others.
And have you ever asked yourself what if I didn't help this man or woman what will be the result will he or she die?.

For me there are some type of people that I will help and I will even expect the reward or payback from God and not them. Yes is true that there are some people you will help and they will not value it and also promised to pay back in so so time, but when that time reach and you approach them or call them on phone, instead of them to tell you that please I don't have your money now later I will send it to you in a good manner that you self will even pity them, rather the will keep on shouting at you, insulting you and even hang up the call.

Those things are some of the reason why we regret helping people, but I wish people can also learn good manners of how to approach, beg and also win people's heart.

But in all we will continue to help people, in different ways.

What do you think is the best way to retrieve debt?

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There are so many ways to retrieve debt depending on the person you are giving loan or you wants to help.
For instance; if the person is from your family and he or she is requesting for loan, you can give to that person and he will be paying back little by little depending on what he used the money for.

But it also depends on the person you lend money, if he or she is someone you don't know, you guys can go to court or police station to sign an agreement depending on the amount you lend to that person, not when you lend him or her small money that you self you know that you bigger than the money like you get the money times ten or five or three everyday at your shop and you go on and take that person to court or police station to sign a deal lol 😂, common don't be so wicked, you can even dash the person the money, if he or she pays back fine but of they didn't still fine as long as the money is not stopping you from doing your business.

So meanwhile to avoid problems or quarell you can take the person to court or police station to sign an agreement that he must pay the money at so so date at his or her own convinient time before giving that person the loan, because if you go ahead and give out huge amount of money as loan to someone without any written or signed agreement, I think it will be hard for you to collect it oo, because it will lead you to everyday you and police and you will be bringing complaint to the police station about someone owing you and if the try their best and it did not work then you still think of how to retrieve it.
So that's it.

Do you think Problematic debts should be forfeited for the sake of Peace

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This one is very funny.
Let me say this, forfeiting problematic money, my dear depends on the amount you give to someone ooo 😂, like now for instance you lend someone millions of naira and the money is causing trouble, you will not leave it oo, unless you have more than that in your account or times two of the money in your own bank account as for that moment like removing the one someone is till owing you, you still have it like double, and also the money they are owning you is not stopping you from buying new goods, that time you can consider to leave the money for peace to rein.
So next time you will be very careful and follow the process for a peaceful retrieve or pay back from the person you lend money to.

So as a matter of fact, to leave Problematic money for peace to rein depends on your capability like how much you make everyday and also how you deposit into your account everyday determines whether you will leave it or not but for me I suggest you leave it no matter what, because the world is so dangerous they may plan anything evil against you.

Conclusions

So this is it my wonderful steemians and good friends, I always find joy in me whenever am preparing a post in the steemit platform and also very happy whenever I see good topics.
So at this moment I will like to invite and also send regards to @simonnwigwe @okere-blessing @goodybest @saintkelvin17 @bossj23 @ngoenyi @fredquantum and so many other steemians.
My regards to you all