2008, Cybersecurity and Default - Credit Management Source

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2008

Cybersecurity

Default

Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

AUGUST 27, 2024

Delinquency risk and the risk of default were the primary focus. Whether it’s fair to blame climate change or not, heightened awareness of natural disasters has amplified fears about supply chain disruptions—fears also exacerbated by the Covid-19 pandemic and the near collapse of the financial system in 2008.

Accounts Receivable (AR)

Accounts Receivable (AR) Default Credit and Collections Cybersecurity

RMAI Update March 2023

RMAi Blog

MARCH 14, 2023

The RIC was sold to a financing company and the consumer subsequently defaulted. On one hand, the clerk of court erroneously entered a default judgment against the consumer prior to trial, but on the other the court dismissed the action because the debt buyer failed to appear on the trial date. That motion was ultimately granted.

Collector

Collector Law Firms Credit and Collections Debt Collections

Is Granting Credit Terms Worth the Risk?

RMAI Update March 2023

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