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DBL Law, Cincinnati Law Firm

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Steps Unsecured Creditors Can Take When Customer’s Face Bankruptcy

May 18, 2020 Elizabeth Weber

Many small businesses will struggle to survive the financial challenges brought on by the novel coronavirus.  Historically, Chapter 11 of

Avoiding Preference Claims by Bankruptcy Trustees

November 6, 2012 Elizabeth Weber

In these economically unstable times, companies are increasingly experiencing problems with customers who make payments to them and then file bankruptcy. If a customer pays your company and then files a bankruptcy petition within 90 days of making the payment, the customer’s bankruptcy trustee may demand that you return the payment to him. A payment made by a debtor within 90 days before he files bankruptcy is called a preference.

Knowing Your Customer Makes Collections Easier

February 23, 2009 Elizabeth Weber

Unless your company operates on a strictly cash basis, you have accounts receivable. What most companies do not understand is

How to Improve Collection of Accounts Receivable

January 11, 2008 Elizabeth Weber

Unless your company operates on a strictly cash basis, you have accounts receivable. What most companies do not understand is

 
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