Bad Debt Chapter 7 Credit Management 
Your Virtual Credit Manager
OCTOBER 15, 2024
Over the next couple of years, many more companies are expected to file bankruptcy chapter 7 liquidations, or simply close their doors for good. As a consequence, commercial accounts receivable (AR) portfolios are at an increasing risk of suffering bad debt losses. This initial uptick is only expected to get worse.
Your Virtual Credit Manager
AUGUST 1, 2023
Confirm that the bankruptcy has actually been filed with the bankruptcy court, and which type (usually Chapter 7 liquidation, Chapter 11 reorganization, or Chapter 13 if an individual is operating as a sole proprietor). More About Purchasing Credit Reports Absorb the impact up front and be done with it.
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