How to Relieve Bad Debts. By chika Nwachuku of #AfricasGlobalBank #1FactoryRoadUmuahia

Chika Tony Nwachuku Elumelu is my love. He has a pseudo name chika Nwachuku of the SVC. 

He is an intelligent sailor. A banker at heart and a wallstreetgecko in practice. His blog is his practice of financial wisdom , politics, capitalism , socialism , occultism , spirtualism and the likes @Corporate_Street_Boy www.corporatestreetboy.blogspot.com 

So while following #TheAroElaInitiative #SpecialBonds&AgreementForCreditAlertsForATDAccount #TooMuchMoneyEverywhereButThePricesDontGoUp

Remember that bad debts are relieved when the bad debt TDAccount is credited by the amount owed from the debit of the account of the conglomeration of companies who want to relieve the loan that has gone. 

This is in scenarios where debts have gone bad so they must be relieved.

Company A pays 100 Trillion Naira to relive company B of a bad debt by crediting #AfricasGlobalBank 's bad debt PAL account to relive the bad debt account. 

In continuation.....

The nearest can have Company A enjoying double or triple the bad debt he relived Company B of the bank. Then Company A can actually apply and cash out on a bigger debt /loan on a fresh TD account. This will balance bad debts. QED.

Chika Nwachuku

For 1 factory road Umuahia 

#AfricasGlobalBank