As we move into 2021, it’s safe to say that no one has a good handle on the world’s economy. Sure, there are plenty of opinions, and you may have […]
Continue reading "Risk Management in 2021: How the World’s Volatility is Changing the Landscape"
Collecting delinquent accounts is a challenge. For home furnishings suppliers, it’s vital to build and maintain positive relationships with retail partners – and collecting on an account will only serve […]
Continue reading "What Information Should You Gather on Delinquent Accounts Before Collecting?"
Traditional Commercial Collection Agency Vs. Member-Owned Collections What do Neiman Marcus, Stein Mart, and JCPenny all have in common? They each filed Chapter 11 bankruptcy this year (Neiman, luckily, emerged […]
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In managing credit risk with an insolvent customer, the seasoned credit team also appreciates not just the A/R risk, but the preference risk should the customer […]
Continue reading "Supply Chain Preference Releases in Chapter 11 Retail Cases"