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Get Smart. A State-of-the-Art Credit Application Will Reduce Debt Liquidation Losses

June 28, 2018 | Categories: Firm News, Publications | Topics:Tags: , ,

Kohner, Mann & Kailas regularly sets forth in its printed materials to its clients the advisability and value of any credit provider ensuring that it utilizes a state-of-the-art credit application or credit contract executed by the credit customer prior to granting open-account credit.   Do not think for a moment that type of document is […]

“Winning the Game” With a Comprehensive Credit Application

April 4, 2017 | Categories: Publications | Topics:Tags: , ,

The credit application is arguably the single most important factor in the control, collection and limitation of losses relating to the management of accounts receivable and collection of delinquent accounts.   Yet, both large and small business creditors constantly enter the game with only half a “play book”. Consequently, they lose more games (uncollected accounts) […]

Forum Selection Clauses and Their Effect in Commercial Collection Litigation

April 4, 2017 | Categories: Publications | Topics:Tags: ,

Consideration of Where to Sue When a delinquent account receivable cannot be collected amicably, legal action is indicated. The initial issue is in what location will suit be filed? The answer is easy if both the creditor and debtor are located in the same state. The general rule is that the legal action may be […]



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