The Essentials of Bankruptcy Law for Collection Professionals
Get the legal facts behind this complex and confusing barrier to collections—so you can get the money you’re owed today!
Bankruptcy Filings Holding You Up?
If you’re like most collections professionals, you’ve encountered this trip-up more than once. And as soon as you hear the word bankruptcy, you know your hands are all but tied. Your chances of getting the money you’re owed now depend on the unknown.
Is it a commercial or consumer account and does that matter? Is it Chapter 7, 11, or 13? Understanding bankruptcy law is key for getting the money you’re owed and protecting your organization from the legal pitfalls that come with bankrupt debtors.
Get the Know-How You Need to Collect Bankrupt Accounts
We’ve taken the confusing, complex world of bankruptcy and broken it down into must-know information that every collections professional should have. This CD will show you the difference between chapters of bankruptcy and what your options are for collecting based on consumer and commercial filings. What’s more, you’ll get essential strategies for protecting yourself and your organization during a debtor’s bankruptcy.
With recent changes to bankruptcy law, you can’t afford to miss out on this extraordinary opportunity to get the know-how you need to legally collect on bankrupt accounts. Make plans today to purchase this CD!
What You’ll Learn
- Consumer vs. commercial bankruptcy
- Understanding the difference between Chapter 7, 11, and 13
- How to protect your organization’s interests during a debtor’s bankruptcy
- What you need to know about bankruptcy and your reclamation rights
- Understanding the critical difference between “I don’t have any money” and “I am bankrupt”
- How a personal guarantee in a commercial credit application can ensure you get your money despite bankruptcy
- Who should sign a personal guarantee for a company and who shouldn’t
- Your options for collecting past-due and unpaid accounts when the debtor has filed for bankruptcy
Item #: 1832158
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