Canada Bankruptcy Law—What U.S. AR and Credit Pros Need to Know: Part II

What specific steps do AR and credit pros need to take to protect their companies’ interests when dealing with an insolvent Canadian commercial debtor? (For an overall description of... Read more

Canada Bankruptcy Law—What U.S. AR and Credit Pros Need to Know: Part I

In 2015, the U.S. exported over $280 billion worth of goods to Canada, and imported over $295 billion. In terms of U.S. exports, Canada is the number-one U.S. trading... Read more

Avoiding a Worst-Case Scenario: Customer Bankruptcy

By Bob Sefton The ultimate threat to AR—and risk to the company—is the notification of a bankruptcy issued by the courts for one of the customers that owes you... Read more

Corporate Bankruptcy Landscape: Lessons From 2015 and What to Expect in 2016

While overall U.S. corporate bankruptcies fell in 2015 for the 7th  consecutive year, rock-bottom interest rates maintained by the Fed during that period have been a key factor in... Read more

Chapter 7 Bankruptcy Process

Suppliers want their customers to succeed, thrive even. Good business for the customer means good business for the supplier. Unfortunately, even the seemingly best of customers can lose their... Read more

8 Best Practices for Creditors in a Customer Bankruptcy

When a customer files for bankruptcy protection too many AR and credit professionals assume the game is over—and that there is no chance to wring any additional funds from... Read more

Chapter 11 Bankruptcy Process

The goal of a Chapter 11 filing is to get a reorganization plan approved by the bankruptcy courts, allowing the debtor to reorganize its business and pay its creditors... Read more

Steps to Guarantee Your Claim in a Bankruptcy Case

As experienced credit and AR professionals are aware, there are certain critical deadlines by which creditors must take particular steps in a bankruptcy case. One of the most important... Read more

Who Gets Paid After Liquidation?

Managing risk is a balancing act, but no matter how good you are at it, there will always be instances where the scale tips and the customer must liquidate... Read more

Authenticating E-mails at Trial: Not a Slam Dunk

It's nothing new for a credit professional to be approached by company counsel for help in assembling evidence for preparation of a lawsuit involving a contract dispute or customer... Read more