How Another Business Going Bankrupt Can Affect You

If you’re a creditor, keep your cool, pay attention, and don’t expect a miracle.

Your business is humming along when one day you get the news that a key supplier — or perhaps one of your biggest customers — has filed for bankruptcy. You’re just a bystander in all of this courtroom drama. How could it affect you?

If you’re lucky, your supplier has delivered...

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