Prestige Consult

28/08/2025

A Guarantor is not just a helper you are a debtor in waiting

That small signature you drop out of loyalty can tie your entire future to another person’s debt.

Now, picture this

Your friend takes a loan. The bank asks for a guarantor. Out of trust, you sign. Months later, your “friend” disappears or defaults. Guess what? The bank doesn’t go searching for him first. They come straight for you the guarantor.

Your salary, your assets, even your peace of mind all on the line because of a signature you thought was harmless.

Before you sign as guarantor

🥢 Know the borrower well I mean very well.
🥢 Read and understand every loan term.
🥢 Ask yourself: Can I pay if they fail? If the answer is no, don’t sign.

In law, a guarantor is not a spectator.
A guarantor is a backup debtor.
So think twice before you guarantee once.

28/08/2025

Stop using “Mr/Mrs Daniel” on your property documents

It looks sweet and united but in law, it is a trap.

Now, picture this

You and your spouse buy land together. On the Deed of Conveyance, the lawyer writes: “Mr/Mrs Daniel” as the purchaser.
You smile, thinking it shows joint ownership.
Wrong.

In law, “Mr/Mrs Daniel” refers to the man alone as if he bought the property in his sole name. The wife’s interest is not protected.

If you truly want co-ownership, the names must be written clearly, for example:

🥢 “Daniel Chukwuemeka and Rose Daniel (husband and wife)”

🥢 “Mr. Daniel Chukwuemeka and Mrs. Rose Daniel, jointly as purchasers.”

OR

1. Mr Daniel Chukwuemwka
2. Mrs. Rose Daniel
(Purchasers)

That way, both names appear distinctly, and the law recognizes both parties as owners.
I’ve seen too many cases where a widow was pushed out of her home because the document only bore her husband’s name even though she contributed.

In law, love is not ownership.
If you want joint ownership, write your names clearly.
Protect your marriage.
Protect your property.

24/08/2025

Which one do you prefer?

22/08/2025

09/08/2025

let's have it!

08/08/2025

9 units self contained apartment for sale near federal university of technology campus Ikot Abasi. Asking price, 12m. 08038558047