OPPORTUNITY INTERNATIONAL SAVINGS& LOANS vs. YAW OSEI ASSIBEY & ANOR

It is provided under Section 32 of the Borrowers and Lenders Act, 2008 (Act 773) as follows: "32. (1) Where a borrower fails to make payment on the due date for a payment, the lender shall give notice of default to the borrower in writing and request the borrower to pay the amount due within thirty days. (2) The lender may send the notice by (a) hand, (b) courier service, (c) registered mail, or (d) other means determined by the lender in consultation with the borrower. (3) Where the notice is delivered (a) by hand, it shall take effect on the date it is received by or on behalf of the borrower; and (b) by courier service or registered mail, it shall take effect on the day it is officially recorded as delivered by return receipt or its equivalent. (3) If a borrower fails to pay or make satisfactory arrangements to pay the amount outstanding to the lender within thirty days the rights provided for under this Act." Sect...