Collecting debts from businesses can be a challenging task. Not only are some debtors unwilling to pay, in some cases, they may claim to have no assets or file for bankruptcy. These actions can complicate matters further, particularly when such claims are fraudulent....
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Creditors’ Best Practices When a Debtor Business Stops Paying
In the wake of the COVID-19 pandemic, more and more businesses are finding themselves in distress. These challenges are especially felt by small businesses who may have limited access to funding or investors, particularly those whose owners have made personal...