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Voluntary debtor and creditor relationship is a relationship that exists between two persons from voluntary interactions in which one, the debtor, can willingly be compelled to provide services, money, or goods to the other, the creditor. This sort of debtor – creditor relationship consists of both rights and duties. “Rights” describe what is owed to …

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Effective debt collection strategies are all about the skills and methods that are employed in order to collect your customers’ outstanding invoices more effectively and get your customers to pay up what they owe you and on time too. It however goes beyond this. Effective debt collection also involves recognizing customers who have cash flow …

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