Your Virtual Credit Manager
APRIL 23, 2024
Another thing trade creditors can study is companies that have defaulted or filed for bankruptcy. We’re going to look at the situations involving four well known companies that ended up in bankruptcy so we can better understand the circumstances that signal a commercial bankruptcy may be on the horizon. J.Crew Group, Inc.
Your Virtual Credit Manager
AUGUST 1, 2023
Commercial bankruptcies began rising earlier this year after an unprecedented lull during the Covid crisis. Historically, bankruptcies have tended to peak after an economic crisis has passed and that appears to be what is happening now. When a customer files bankruptcy, it immediately stops any payments coming from them to you.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Fundera
OCTOBER 2, 2017
When it comes to the future of your business, filing for bankruptcy might seem like the absolute worst thing that could happen. However, filing for bankruptcy is not necessarily a death sentence—in fact, it could mean the difference between sinking or saving your business. Small Business Bankruptcy Filing Options.
Fundera
SEPTEMBER 20, 2018
What Is Business Bankruptcy? If you’re struggling to pay off business debts, filing for business bankruptcy might help. Business owners can file for Chapter 7, Chapter 11, or Chapter 13 bankruptcy, depending on the business’s debt levels and financial situation.
Your Virtual Credit Manager
NOVEMBER 12, 2024
Beware—Commercial Bankruptcies Are Accelerating In our current economic climate, watching out for customer red flags is essential. That’s because commercial bankruptcies have been rising and are expected to continue rising. Trustee Program estimates that bankruptcy filings will double over the next three years.
Reorg Blog
OCTOBER 24, 2023
a Plantation and several affiliates filed for chapter 11 on Sunday, Oct. 22, in the bankruptcy court for Southern District of Texas. Akumin Inc.,
Reorg Blog
AUGUST 30, 2024
Wheel Pros is preparing for a potential chapter 11 filing as soon as next week after the wheelmaker and distributor missed an interest payment last month.
Expert insights. Personalized for you.
130 
Let's personalize your content