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 Email YVCM about Consulting Final Thoughts.
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. Your Virtual Credit Manager is a reader-supported publication. To receive new posts and support my work, please consider subscribing for $5 monthly ($49 yearly).
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Your Virtual Credit Manager
AUGUST 11, 2024
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. Chapter 7 commercial liquidation filings are up 28 percent and sub-chapter V small business elections are up a staggering 61 percent despite the filing threshold recently being cut in half.
RMAi Blog
MAY 12, 2023
Nat’l Credit Sys. , 26, 2023) A consumer filed for Chapter 7 bankruptcy, listing past-due rent he owed, and was subsequently granted a discharge. Credit Corp Solutions Inc. Credit Management Corporation D1AL InDebted Kino Financial Co., 21-3131, 2023 U.S. LEXIS 10237 (7th Cir.
Lendio
MAY 23, 2023
Chapter 4: Accounts Receivable Learn how to record accounts receivable. Accounts receivable refers to the money owed to a business by its customers for goods or services provided on credit. Managing accounts receivable involves tracking outstanding invoices, collecting payments, and maintaining a healthy cash flow.
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