National Educational Event Calendar for Trusted Business Advisors

Early signs of customer financial distress can quickly snowball into serious cash-flow problems, especially for third-parties who depend on steady receivables.


#AutomaticStay #BusinessDistress #Claims #InvoluntaryBankruptcy #Receivership101
www.dailydac.com/when-a-bad-d...

National Educational Event Calendar for Trusted Business Advisors

When a debtor files for bankruptcy, their creditors are paid based on the absolute priority rule. As an unsecured creditor, where does your claim sit in the order of priority?


#Claims #CreditorsCommittee #GeneralUnsecuredCreditor #InvoluntaryBankruptcy
www.dailydac.com/who-gets-pai...