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Extra bankruptcy hoop often costly, frustrating (The Record) MINNEAPOLIS — Elizabeth Sherman slouches in front of a computer tucked in the storage room of her bankruptcy attorney's office. "Have you already decided to file for bankruptcy?" the computer questionnaire prompts her.
Dealing with bankrupt customers or vendors (The Kansas City Star) It may be a sad byproduct of a tough economy, but one or more of your customers or vendors may file for bankruptcy protection. Although it is important to begin planning for the worst-case scenario before you formally enter into business transactions, planning in advance for a customer’s bankruptcy is not always an option.