Debt Collection in Iran
Debt collection in Iran is a stately effort made by a business to collect a payment that is past due. Normally, during transactions between two businesses, there is an invoice that is being issued and the payment has to be made in a certain amount of time. After these days have passed, the obligation is past due. Once this happens, it becomes an issue and it has to be dealt with in a special way. Actually, the buyer is using the seller’s funds without compensation. Collection of receivables in Iran If a business, despite of other available options, has not recovered the due receivables, it can finally decide to initiate debt collection actions, however these actions have to be done tactfully. Debt recovery in Iran should be the last resort to attain repayments of past-due receivables. It…