NACM Bankruptcy for the Credit Department: Best Practices for Doing Business with a Financially Troubled Customer Pre-Bankruptcy
Session 2: Best Practices for Doing Business with a Financially Troubled Customer Pre-Bankruptcy
This session will take a deeper dive into best practices for dealing with a financially distressed customer before bankruptcy. Your customer’s financial difficulty does not automatically mean that you need to cease doing business together. At the same time, it also does not mean that you should take on unnecessary risk. You will learn about practical ways to walk the tightrope between continuing to do business with a financially-troubled customer while taking steps to protect your company. These steps start with having a good set of forms and terms and conditions. A discussion of useful credit enhancements will follow. This session will also cover a number of useful rights and remedies available to sellers of goods dealing with financially-troubled customers that can help your company maximize its recovery and minimize its risk.
Presented by Jason M. Torf
Jason M. Torf is a bankruptcy and creditors’ rights partner in the law firm Ice Miller LLP. Torf regularly represents clients in helping them solve their problems with troubled customers, both in bankruptcy proceedings and otherwise. He is a frequent speaker to credit groups to help them understand practical steps their companies can utilize to minimize risk and maximize their recovery when dealing with a financially troubled customer.
Reservations are firm unless cancelled 72 hours prior to webinar. No shows will be billed.
$50.00 Members / $80.00 Non-members 10% Discount all 4 Sessions
|Event Date||08-25-2021 9:30 am|
|Event End Date||08-25-2021 11:00 am|