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Over the next couple of years, many more companies are expected to file bankruptcy chapter7 liquidations, or simply close their doors for good. As a consequence, commercial accountsreceivable (AR) portfolios are at an increasing risk of suffering bad debt losses. Share Read more
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. Chapter7 commercial liquidation filings are up 28 percent and sub-chapter V smallbusiness elections are up a staggering 61 percent despite the filing threshold recently being cut in half.
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Accounts Receivable (AR) 
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