Description
Look to this Handbook to find the law along with outlines for strategies and steps you need to take to control credit transactions from the outset. Presents a narrative outline of three major stages in the debtor-creditor relationship: inception, out-of-court workout, and bankruptcy. Beginning with a comprehensive overview of each section, the text analyzes the important laws and regulations in effect, identifies potential problem areas at each juncture of the process, and offers practice-proven strategies for avoiding creditor traps and pitfalls.
Features
- Anticipate insolvency proceedings
- Comply with lender liability statutes
- Control the terms of the debtor-creditor relationship
- Draft appropriate default provisions
- Expert suggestions for avoiding problems at inception, out-of-court workout, and bankruptcy
- How-to guidance on structuring the debtor-creditor relationship
- Recognize a deteriorating credit situation
- Step-by-step assistance in solving problems when they do occur