Your Virtual Credit Manager

MARCH 4, 2025

This company was fortunate to avoid significant bad debt loss until Ames Department Stores, Kmart, and Fleming Foods (a distributor) all filed bankruptcy within the same year. Making uninterrupted sales was deemed more important to their distribution network. Bad debt losses were understandably huge.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

Your Virtual Credit Manager

FEBRUARY 13, 2024

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Department of Justice projects a substantial increase in bankruptcy filings. Trustee Program has estimated that bankruptcy filings will double over the next three years.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

RMAi Blog

APRIL 4, 2023

When I founded EverChain in 2012, the debt sale and placement marketplace for default debt portfolios was inefficient and flawed,” Matthew Wratten, Chairman and CEO of EverChain said. Over the last decade, we’ve rapidly introduced truly market-changing products and services.

Bankruptcy 100

Bankruptcy Credit and Collections Default 100

Your Virtual Credit Manager

MARCH 21, 2023

This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available. Commercial bankruptcies have only started to slowly tick up the past six months after 18 months of record lows. That’s why deposits at the bank were shrinking after growing by 86 percent in 2021.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

Abrigo

JANUARY 29, 2020

The stress on profitability led to a significant number of farm exits (47.7%) and higher levels of Chapter 12 bankruptcy filings (24.7%), the chapter of the U.S. bankruptcy code specifically designed to protect farmers and fishers. The grim farm profitability landscape has led producers to alter their operating behavior.

Credit Unions 78

Credit Unions Credit Risk Bankruptcy 78

Due

MAY 21, 2023

The trading platform Voyager filed for bankruptcy in July along with crypto hedge fund Three Arrows Capital. According to its bankruptcy filings from last year, Three Arrows Capital faced $3.5 For example, the period from 2012 to 2014 saw Bitcoin start trading at $13.28, rise as high as $1,237.55, and fall to around $687.

Bankruptcy 64

Bankruptcy Investment Firms Transactions 64

Fundera

JUNE 15, 2018

Public record information, like judgments, collections, and bankruptcies. First: If you don’t already, start monitoring your credit score. Details on any delinquencies, like how many late payments you’ve made, how much you owed, and how recently they occurred (recent delinquencies affect your credit score more heavily than older ones). .

Credit Scoring 71

Credit Scoring Credit and Collections Default Credit Risk 71