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Business Bankruptcy Accounts Receivable (AR) Credit Management Credit Application Order to Cash Credit Risk Credit and Collections Deductions Default Small Businesses More Related Topics >
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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

FEBRUARY 13, 2024

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Department of Justice projects a substantial increase in bankruptcy filings. Trustee Program has estimated that bankruptcy filings will double over the next three years.

Bankruptcy 130
Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130
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Seven Observations from Silicon Valley Bank's Failure

Your Virtual Credit Manager

MARCH 21, 2023

In addition to the effect of inflation, AR loses value as a result of profit dilution (when customers do not pay you the full invoice value due to payment deductions or disputes) and bad debt losses. The role of credit should not be focused on preventing bad debt losses, but rather maximizing profits.

Accounts Receivable (AR) 130
Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130
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