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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Acid Test: What a Business Owner Needs to Know?
Configuring debt, and especially knowing if a business can pay off their short-term debts will help a business run more efficiently. Acid tests are crucial tools for any business to use
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Why Choosing the Right Collection Agency is Important
A collection agency can help you recoup any payments that were not paid to your company, but finding the right one is like finding a needle in a haystack
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What Drives a Debt Collector?
The unsung heroes of business owners. What motivates a debt collector? Debt collectors provide a valuable service that keeps a lot of businesses from failing.
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Statute of Limitations on Debt Collection
What Does “Statute of Limitations” Mean in the Context of Debt Collection? The statute of limitations is the time period set by law in which someone can sue you.
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The Effect of Debt on Business Credit
Business credit scores can come from consumer credit reporting agencies like Experian and Equifax, and firms like Fair Isaac Corporation (FICO)
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Cash Handling Policies and Procedures
Company's cash accounts are vulnerable to embezzlement and fraudulent activity, cash controls are critical to monitoring credit, collections,
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Cash is in Who’s Hands?
Entrepreneurs and business managers have to restrict access to cash, limit the amounts that can be obtained at any point in time, and permissions
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Checking for Cash
When we are talking about how we handle cash in business, the implications broaden even though the feeling of "show me the money" stays the same.
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