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Debt Collection Agency for Concrete Pumping Industry

Nexa Collect

A trade receivable or an AR invoice is typically considered to be past due if any portion of the receivable balance is outstanding for more than 30 days. Typically, the Company does not charge interest on past-due trade receivables. If everything fails, a possible Legal Suit if recommended by the attorney.

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When a Company Goes Into Administration or Liquidation Who Gets Paid First?

Hudson Weir

This company property can be anything from equipment and constructions to apparatus, vehicles, and intellectual property. Unsecured Creditors This group includes contractors, customers, trade creditors, suppliers, and claims besides debts and holiday pay by workers. Secured creditors include leasing companies and banks.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On November 30, crypto exchange Binance announced it has introduced a pilot program enabling banks to store trading collateral off-exchange, a move aimed at reducing counterparty risk. On November 21, the CFPB announced that it approved an application that marks the first step for piloting disclosures for construction loans.

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After-Tax Cost of Debt – How to Calculate it For Your Business

Debt RR

Exchange-traded funds. Businesses need collateral for secured loans, which can come in different forms: Asset-backed loans. Collateral can be real property or liquid assets. As lenders can seize the collateral, secured loans are generally easier to approve for businesses without a lot of credit or financial history.