 |
|
 |
|
 |
|
 |
|
 |
|
 |
===============
Our Subscribers Say...
"Being a part of the Credit Today online community is like having the expertise of hundreds of credit managers at your fingertips. These credit execs are willing to help you solve topical business issues as they arise. In the current environment of ever increasing competing priorities which reduce our opportunities to meet peers out of the office face-to-face, this is the most valuable tool you can have on your desktop! It's important that we have a mechanism to reach out to our counterparts quickly to exchange knowledge as well as to stay on top of industry trends."
- Victoria Artis, Director of Customer Financial Services, Pfizer, Inc.
"Over the last 10 years I've seen Credit Today evolve from a monthly credit publication into a quality source of information and guidance for the B2B credit community. The website, with its user friendly form downloads, will take you from examples of new account credit applications to bankruptcy forms and everything in between.
The Credit Today ListServ has become the pre-imminent online forum, providing an opportunity for discussion and comments (and occasional humor) from an impressive list of credit professionals."
David Dungan, Director of Credit
Justin Brands, Inc. (A Berkshire Hathaway company)
Fort Worth, Texas
"There are numerous credit periodicals available to the credit professional today. How good is Credit Today? Is it relevant? I always have to read it late, or online because my credit analysts want to read it the minute it comes in. When my staff wants to read a publication before I have a chance to read it then something is working in that publication. We have cancelled our other subscriptions. When you have the best you do not need the rest."
Ron Woods
Corporate Credit Manager-World Wide
Thales Navigation, Inc.
"The newsletter, coupled with the website and the ListServ, are to us, more valuable than any other credit publication, bar none. I try to use at least one article out of each newsletter for departmental training/discussion sessions."
D. Mark Constantine
Corporate Credit Mgr
Fulton Paper Company
"I love Credit Today and read every issue cover to cover. For me, the greatest perk of a subscription is ListServ. I believe Credit Today's ListServ members may be the most knowledgeable Credit brain trust in existence today. I have saved and categorized hundreds of contributions on a wide variety of topics which I refer to often. It's an easy and cost effective way to network and learn."
Doug M. Thomas
Kimberly-Clark Customer Financial Services
"As a corporate credit manager with over two decades of experience, I consider Credit Today to be one of the best credit newsletters. Whether it is because of Credit Today's management, its distinguished panel of advisors, or the caliber of Credit Today's subscribers, it would be fair to say that some of the best and brightest minds in our profession are represented. The credit issues, technologies, news, credit department profiles, etc. are interesting and useful. Credit Today is a valuable reference and communications tool which I look forward to reading each month."
Paul Brunner
Corporate Credit Manager
Mitsubishi Electric Automation, Inc. |
|
|
|
Breaking Bankruptcy News ...
|
20-Day Period For Administrative Claims a Good Thing? Not Really, Says This Leading Bankruptcy Pro
Strapped customers often don't admit they've lost their bank lines of credit. While requesting or demanding more help from you, they may even claim their banking relationships are just fine. How do you check that out? "It's a real challenge," says Attorney Lynnette Warman of the Dallas firm of Hunton & Williams, LLP. "Public companies have to disclose if they're in default or have a waiver with their lender. But, if they're a private company, they don't. With public companies, you can check their SEC filings. If it's a private company you just have to rely on agency reports, your industry trade group and the Internet and other media to try to figure out what their ability is to pay you back." . . .
keep reading
|
New Decision Requiring Disclosures For Informal Committees in Bankruptcy Cases
December 14, 2009
In a recent decision from the United States Bankruptcy Court for the District of Delaware, Judge Mary Walrath has required that members of an informal committee of noteholders comply with expansive disclosure requirements beyond the standard established for official committees. In a written opinion issued on December 2, 2009 in the case of In re Washington Mutual, Inc., Case No. 08-12229 (MFW), Judge Walrath granted a motion to require an informal group of noteholders to comply with Rule 2019 of the Federal Rules of Bankruptcy Procedure. . . .
keep reading
|
Sources for Bankruptcy Stats?
February 18, 2009
I am giving a talk to some sales people and need some facts, graphs on bankruptcy and different stats on what types of businesses have been affected the most or least. Credit Today may have some stats. Are there any other sources? . . .
keep reading
|
Can a Solvent Company File Bankruptcy?
August 5, 2008
If a company is solvent can they file bankruptcy? I am talking about one of the major retailers whose sales are failing. My company is thinking of going down the credit insurance route with this customer and they have money according to published reports. . . .
keep reading
|
Bankruptcy Question: Re, Preference Risk AFTER Chapter 11 Filing?
August 5, 2008
I am currently assessing the risks of doing business with a customer that has filed for Chapter 11 bankruptcy. If we decide to extend some credit and are successful in collecting payment, do we still face the 90-day preference period risk if the DIP subsequently files for Ch. 7 liquidation? . . .
keep reading
|
Longer Odds Than You Might Have Thought
September 1, 2004
PricewaterhouseCoopers estimates that about one in three private companies that filed for bankruptcy in 2002 will emerge successfully. They define “success” as: The company adopts a reorg . . .
keep reading
|
|
|
 |
 |
This month's topic: Processing of Credit Applications
Click here to participate!
We're examining:
- What information is being captured on credit applications
- What additional information is being requested during the credit app process (such as personal guarantees, financial statements, resale certificates, etc.)
- What the primary challenges are relative to the processing of credit apps
|
|
 |
|
 |
|
 |
|
 |
|
March 2010
|
|
| S |
M |
T |
W |
T |
F |
S |
| |
1 |
2 |
3 |
4 |
5 |
6 |
|
7 |
8 |
9 |
10 |
11 |
12 |
13 |
|
14 |
15 |
16 |
17 |
18 |
19 |
20 |
|
21 |
22 |
23 |
24 |
25 |
26 |
27 |
|
28 |
29 |
30 |
31 |
|
|
|
|
|
|
 |
|
|