Accounts Receivable (AR), Bankruptcy and Chapter 7

The Imperative for Prioritizing Collections

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

Chapter 11 Bad Debt Accounts Receivable (AR) Bankruptcy

Red Flags Revealed by Your Customers' Financial Statements

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

Sub-Chapter V Bankruptcy Credit and Collections Chapter 11

Credit Management Source

The Imperative for Prioritizing Collections

Red Flags Revealed by Your Customers' Financial Statements

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