Commercial Credit Application – What Information Is Really Necessary?
Commercial Credit Application – What Information Is Really Necessary?By James R. VannAttorney at Law The first step in collecting a delinquent account is obtaining information about the debtor. The credit application is usually the best source for obtaining valuable information about the debtor and the assets of the debtor. If the necessary contractual formalities are in order (i.e. date, terms, signatures, …