Lessons for Trade Creditors from Recent Bankruptcies
Your Virtual Credit Manager
APRIL 23, 2024
Collectors are continually learning what works to get people to pay up and what doesn’t. Despite efforts to negotiate with creditors, Hertz filed for Chapter 11 bankruptcy protection in May 2020. Facing liquidity constraints and a strained retail environment, J.Crew filed for Chapter 11 bankruptcy protection in May 2020.
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