Your Customer Filed for Bankruptcy: Now What?

Most Everything You Wanted to Know About Commercial Bankruptcies but Was Afraid to Ask

Even though the economic headwinds are moderating, now is not the time to become less vigilant from a customer credit perspective. Commercial bankruptcies began rising earlier this year after an unprecedented lull during the Covid crisis. Historically, bankruptcies have tended to peak after an economic crisis has passed and that appears to be what is ha…