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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.

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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

Subscribe now Lessons to Be Learned Looked at from the perspective of somebody responsible for the management of a portfolio of accounts receivable (AR), the events surrounding the SVB collapse present a cautionary tale. This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available.

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