Sentence examples for debtor management from inspiring English sources

It doesn't have to be this way if you are proactive in your debtor management, and the great news is that this is not complicated to fix.

Given that insufficient knowledge of controlling and accounting (e.g., debtor management) represents the most common cause for business insolvencies (Bitter and Falk 2009), the lack of research into how young people (in particular those who chose to attend a commercial upper secondary school and are thus more likely to represent future businessmen/women) acquire this knowledge is surprising.

"The timing and structure of this deal," Fleet said in its filing, "and what now appears from press accounts to be serious, previously undisclosed connections between debtors' management and investors, suggest strongly that the motion should be denied".

Venue in New Jersey seems to have been based on the debtor's management company, which seems to be a rather flimsy foundation (the manager is not in bankruptcy).

The normal rule is that the debtor's management stays in control in Chapter 11: this is the famed "debtor in possession," or D.I.P., in bankruptcy speak.

The Court wrote that "the rationale offered does not support a release of Debtor's management for prepetition conduct". Id. at 607.

This may well provide another template for use of Chapter 11 in connection with other financial institutions, although it does require swift, pre-emptive action by the debtor's management before the problems at the regulated subsidiaries get out of hand.

Before the rich man could inform his debtors about the change in management, the manager approached the debtors and reduced what they owed the rich man.

Creditors may not accept the proposal for reduced payments or frozen interest and are still free to take legal proceeding against their debtors whether a debt management plan is in place or not.

A debt management plan (DMP) is an agreement between a debtor and creditors when usual contractual payments cannot be made due to financial difficulties.

Quite apart from the fees, debtors should remember that there is also no guarantee that using a debt management firm will work.