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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

Another thing trade creditors can study is companies that have defaulted or filed for bankruptcy. We’re going to look at the situations involving four well known companies that ended up in bankruptcy so we can better understand the circumstances that signal a commercial bankruptcy may be on the horizon.

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How Long Does an Eviction Stay on Your Credit Report?

CreditStrong for Business

The publicly reported events included bankruptcy, foreclosure, unpaid tax liens, and any civil judgments resulting from a lawsuit. In 2017, National Consumer Assistance Plan (NCAP) restricted credit reporting bureaus from posting the majority of public record entries in consumer credit reports.