Wednesday, October 19, 2011

Our Business Community

When it comes to running a business we all endeavor to limit are exposure to bad debt, unfortunately this is not always possible, the thing to keep in mind is to make sure you have given yourself the best possible chance of recovering your money or at best limiting your losses.

Tuesday, October 18, 2011

Bankrupts


What happens when my debtor goes bankrupt (a quick review).

Most creditors don’t find out a debtor is bankrupt until way after the event, usually when they ring them to get payment on an invoice.  Once a person enters bankruptcy it is important for you to follow some very important steps.