We want to wish everyone a safe and Happy Halloween this weekend!!
Contract Resolve Group believes that successful business relationships with our clients are the ones built on trust and transparency. Therefore, we continuously strive toward better communication and in providing our clientele with the most current events within the collection industry. Within the past few months media attention and hefty fines have been imposed on those […]
Small businesses rely on a healthy flow of income to remain solvent, especially since the US Small Business Administration reports that over 50 percent of new businesses fail within the first 5 years. For small businesses, a bad debt can mean the difference between profitability and net losses. There are a number of things you […]
I just want to take the opportunity to acknowledge the fast paced, problem solving, and dedicated people at Contract Resolve Group that have helped build an amazing company dedicated to helping credit managers resolve issues with outstanding receivables in the credit department. During that time we have helped over 700 companies and continue to work […]
Chapter 11 vs. Chapter 7 Bankruptcy Depending on the type, or “chapter,” of bankruptcy, debts are treated differently. In Chapter 11 bankruptcy, debts are restructured in a way that debt repayment becomes more achievable. In Chapter 7 bankruptcy, which is the most common form of bankruptcy, many debts are forgiven, and a variety of personal […]