- debtorandcreditoraccountisthatofdebtorandcreditor--,Primarily,thebanker-customerrelationshipisthatofdebtorandcreditor.Thedebtorandcreditormustsignadocumentdrawnupinaccordancewithgovernmentregulations."Primarily,thebanker-customerrelationshipisthatof...
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- Bycontrast,Americaisnow,asitwasthen,theworld'sbiggestdebtornation.Asarule,alowercreditratingmeanshigherborrowingcostsfordebtornations....
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- Mostcreditorsbelievethatthedebtorneedstotaketheleadinaddressingtheirownproblems.Adebtor,unabletopay,hastoswallowinsultsfromhiscreditor.Bycontrast,Americaisnow,asitwasthen,theworld'sbiggestdebtornation.Thedeductionofapaymentismadebyadebtorfromanamoun...
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