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Debtors Remedies for Creditors Wrongs PDF Document Form

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Debtors Remedies for Creditors Wrongs PDF Document Form

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the difference between a debtor and the creditor well in a way they're very much to say but locking it from two different sides of a window so if you are a company and you have debtors that is people that owe you money or you can be an individual but it's people that owe money to the business and to take are the individual whereas creditors are monies that are owned to different people so the best way to think of it is if you are a supplier to somebody and they owe you money than they your debtor if you are a recipient of goods then somebody else is the supplier and you are money to them so it's a - in your books they're a creditor in their books their a debtor so these things mirror each other depending on which side of the table which sounds very near looking at that's what debt isn't right you

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