Time is Up!
Time-barred debt also directly affect business credit as well. Collecting on old debts is a bit of a two-edged sword because it gives the creditor a chance to recover some or all of their unpaid accounts
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Clients Suffering From Debt Fatigue
Lender and Collector Strategies for Helping Borrowers Overcome Debt Fatigue. Borrowers both individual and corporate allow their debt to stack up over time
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Debt Service Coverage Ratio
In brief, Debt-Service Coverage Ratio (DSCR) is a rating method for a business’ cash flow that they can use to meet their debt obligations. This ratio is essentially
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What is Your DPO?
For owners, it is essential to maintaining a good reputation with your suppliers to manage your DPO appropriately. Paying on time fastidiously
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Are You Reaching The Right Party?
50% of their time manually locating individuals or correct contact information for debt collection purposes. Over 95% of all debt collectors
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Uncertain Future of Small Businesses: Credit
The problem that is driving this trend is the pre-qualification process for traditional lenders, most of whom go over every detail of an SMB with a fine-tooth comb
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Top 5 Reasons Why Debtors Don’t Pay Up
The debt is not mine, or I don’t owe the debt. (23 percent) I haven’t been given enough information to verify debt. (22 percent) I paid the debt
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Forgive us our Debts
What is Debt Discharge or Debt Forgiveness? So what is debt discharge and how does it work exactly? Don’t you always have to pay off the debts that you owe?
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How to Proceed When Your Client Files Bankruptcy
Chapter 11 and 13 filings allow for reorganization. The debtor pays the debt back through a court arranged a repayment plan. A Chapter 7 bankruptcy filing works differently
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First Quarter GDP Numbers for 2017
In the first quarter of this year, the US GDP increased by 0.7% overall. While seven-tenths of a point may not seem like much in isolation
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