Karen Walsh: Invoices and paper trail will make debt recovery easier

Having good financial records will make securing payment of a lawful debt a lot smoother.

Recovery of monies due is vital to the survival of a farming enterprise, and it is an unfortunate fact of life that recourse to the courts is often a necessary step to be taken in order to achieve this.

Given the nature of modern farming, and the current volatility of dairy and beef markets, farmers quite often find themselves either with debts of their own, or finding it difficult in some instances to recover a debt.