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So you've been handed a bankruptcy creditor claim ... now what?(SELECTED TOPIC)(management of credit managers)
AS A CREDIT MANAGER, IT'S NEARLY INEVITABLE THAT YOU'LL BE FACED WITH A CREDIT 'GONE BAD' AT SOME POINT IN YOUR CAREER. YET, NO MATTER HOW EXPERIENCED YOU MAY BE AT DEALING WITH THEM, BANKRUPTCY CREDITOR CLAIMS PRESENT A MYRIAD OF EVALUATION COMPLEXITIES TO EVEN THE MOST SEASONED PROFESSIONAL. THIS ARTICLE OUTLINES SEVERAL THOUGHTS AND RECOMMENDATIONS FOR A CREDIT MANAGER ATTEMPTING TO ASSESS THEIR CLAIM, AS WELL AS SOME COMMON IMPLICATIONS CREDITORS SHOULD TAKE INTO ACCOUNT DURING THEIR EVALUATION PROCESS.
"Chapter 11"--Those Two Dreaded Words
The announcement of a company's Chapter 11 bankruptcy filing might generate a blockbuster media frenzy, or it ...
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