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the potential of a customer becoming a debtor, but it is important to be proactive and anticipate the rights and remedies you may need if this happens. When extending credit, you are essentially lending your company's money and there is a risk of not getting paid. It is crucial to prepare for collection from the beginning of the business relationship with a new customer. Board-certified creditors rights attorney Nicholas D. Kralik discusses the importance of credit agreements in managing this risk.