Giving Credit to Vendors after they file Chapter 11

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Giving Credit to Vendors after they file Chapter 11

Postby btec on Thu Mar 19, 2009 1:16 pm

I recently had a customer file Chapter 11. They stuck me with a sizable debt but want to continue busines with me. They are a good company but now expect me to give them credit again because they have a debtors in posession fund and assure priority payment. I've been told legally you have to place them on COD or prepayment. Looking for some assistance and guidance--thanks
btec
 
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