Your Virtual Credit Manager

NOVEMBER 12, 2024

Consequently, a large percentage of your accounts receivable (AR) is likely to derive from large firms. Beware—Commercial Bankruptcies Are Accelerating In our current economic climate, watching out for customer red flags is essential. According to BankruptcyWatch , the U.S. Department of Justice's U.S.

Chapter 11 130

Chapter 11 Accounts Receivable (AR) Bankruptcy Credit and Collections 130

Your Virtual Credit Manager

OCTOBER 15, 2024

With consumer discretionary spending bottled up by past inflation, it is no surprise many SMBs are struggling to make ends meet. In other words, commercial chapter 11 bankruptcies have doubled over the past 2 years, and the trend continues upward. Trustee Program.

Chapter 11 130

Chapter 11 Bad Debt Accounts Receivable (AR) Chapter 7 130

Your Virtual Credit Manager

AUGUST 11, 2024

Commercial bankruptcies have been surging since mid-2022. Chapter 11 filings, used by businesses hoping to reorganize, have increased by 34 percent in the first six months of 2024 compared to last year. Department of Justice expects a sharp increase in bankruptcies with the U.S.

Sub-Chapter V 100

Sub-Chapter V Bankruptcy Credit and Collections Chapter 11 100

Your Virtual Credit Manager

MARCH 26, 2024

Meanwhile, the number of commercial bankruptcies is accelerating. In February, Epiq Bankruptcy reported that commercial Chapter 11 bankruptcy filings climbed 118 percent year-over-year. The point is, where the risks are concentrated in your AR portfolio can change significantly from year-to-year.

Bankruptcy 130

Bankruptcy Bad Debt Credit Scoring Chapter 11 130