Vigilant Monitoring Can Provide Long-Term Protection Against Bankrupt CustomersDownload
With vigilance and consistency, a company can greatly reduce its exposure to distressed customers and improve its bottom line. Chapman Partner Laura Appleby authored an article in Business Credit magazine, which discussed best practices that unsecured creditors consider in determining early-on whether or not a customer is in financial distress, assessing the circumstances, and taking appropriate action. Business Credit is published by the National Association of Credit Management.
This article was published in the November/December 2019 issue of Business Credit magazine and is posted with permission.