In these economically unstable times, companies are increasingly experiencing problems with customers who make payments to them and then file bankruptcy. If a customer pays your company and then files a bankruptcy petition…more
The situation is becoming increasingly prevalent in today's economy: a financially troubled customer is behind on payments to your company. The customer finally makes a payment on his account, and then, within 90 days, files…more
Unless your company operates on a strictly cash basis, you have accounts receivable. What most companies do not understand is the extent to which they can affect the collectability of those accounts receivable, beginning with…more
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