Your Virtual Credit Manager

MARCH 21, 2023

In addition to the effect of inflation, AR loses value as a result of profit dilution (when customers do not pay you the full invoice value due to payment deductions or disputes) and bad debt losses. 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

Your Virtual Credit Manager

SEPTEMBER 12, 2023

YVCM was launched in 2021 and continues to grow. To make matters worse, invoice errors also tend to generate payment deductions (partial payments). Correcting invoices and reconciling payment deductions are essentially rework: work that is not necessary if you got it right the first time.

Credit and Collections 130

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

CreditStrong for Business

SEPTEMBER 12, 2024

There is one exception—bankruptcy may remain on your credit bureau report for up to ten years. More precisely, a Chapter 7 bankruptcy will remain for up to ten years, while a Chapter 13 bankruptcy generally remains for seven years. This won’t change regardless of whether you pay the past due amount or not.

Credit Scoring 52

Credit Scoring Credit Card Payments Credit and Collections Bankruptcy 52

Due

JULY 13, 2023

of bankruptcies are caused by medical expenses , making it the most common cause of bankruptcy. trillion in 2021 , which is $12,914 per person and accounted for 18.3% In general, being healthy can result in reduced premiums, copays, and deductibles. A staggering 66.5% But, it gets worse. An increase in productivity.

Bankruptcy 98

Bankruptcy Deductions Insurance Companies 98

CreditStrong for Business

MARCH 10, 2023

Bankruptcy is an exception that may remain on your credit bureau report for up to 10 years. A Chapter 7 bankruptcy will remain for up to 10 years, while a Chapter 13 bankruptcy generally remains for seven years. Here, the missed payment in August 2014 starts a new seven-year period that ends in August 2021.

Credit Scoring 52

Credit Scoring Credit Card Payments Bankruptcy Chapter 7 52

Due

MARCH 28, 2023

These are only two unforeseen events that sparked a surge of bankruptcies. At the end of 2021, GDP per capita reached $12,235 , a 12 percent year-over-year growth. Therefore, in 2021, labor market conditions improved as unemployment decreased by 4.1 Next, deduct the total amount from your monthly income. Today, the U.S.

Bankruptcy 75

Bankruptcy Brokerages Deductions Transactions 75

Due

MARCH 4, 2023

These are only two unforeseen events that sparked a surge of bankruptcies. At the end of 2021, GDP per capita reached $12,235 , a 12 percent year-over-year growth. Therefore, in 2021, labor market conditions improved as unemployment decreased by 4.1 Next, deduct the total amount from your monthly income. Today, the U.S.

Bankruptcy 72

Bankruptcy Brokerages Deductions Transactions 72