Article Bad Debt Default 
Your Virtual Credit Manager
APRIL 8, 2025
The Imperative to Keep Past Due Balances in Check A key objective of Accounts Receivable (AR) management is minimizing past due AR to ensure cash in-flows and minimize bad debt losses. On the other hand, a customer bankruptcy or other default typically causes the loss of most if not all the AR owed by the customer.
Your Virtual Credit Manager
JANUARY 14, 2025
The Customer Delinquency Challenge Successful accounts receivable (AR) management involves minimizing past due balances to ensure steady cash in-flows and limit bad debt losses. In contrast, customer bankruptcies or other defaults typically cause the loss of most, if not all, the AR owed. Do you need help improving cash flow?
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Your Virtual Credit Manager
DECEMBER 31, 2024
What follows is a summary of the three most read article for the 12 months ending in October 2024, and links to the originals. For more detail on this subject, here’s the link to the original article. However, access to the original articles via the links we’ve embedded is only for our paid subscribers.
Your Virtual Credit Manager
FEBRUARY 18, 2025
(Photo by Markus Spiske on Unsplash ) When there are time constraints that forestall additional research, denying credit or requiring collateral or some other security is the best way to avoid a decision that results in delinquency and a potential bad debt loss. A final place to go for information about a new customer is the Internet.
Your Virtual Credit Manager
SEPTEMBER 5, 2023
Starting in October, free subscribers will only receive the introductory section of our weekly articles. Plus, you get full access to our growing archive of over 100 articles! Bad Debt Reduction: Accelerating customer payments with a early payment discount reduces your exposure to bad debts.
RevCycle
JULY 6, 2021
The following excerpt is from a recent Forbes article : “ According to interviews AccessOne conducted with 47 healthcare billing executives, 43% of providers reported increases in patient requests for payment plans even as hospitals face their own financial struggles, and 40% report an increase in bad debt.
Your Virtual Credit Manager
JANUARY 23, 2024
Furthermore, new businesses and small businesses tend to have high failure rates, and there is good reason to believe a wave of defaults is coming. If the European parent company defaulted, the North American subsidiary would be pulled into bankruptcy even though its operations were profitable.
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