Corporate Bankruptcy

Corporate Bankruptcy

Bankruptcy, a process through which a company either liquidates its assets or seeks "relief" from its creditors in order to stay in business, is a fearful prospect for anyone involved in credit risk management.  Losses to bankruptcy, however, can be minimized and in some cases avoided all-together by monitoring the symptoms and scenerios that lead to bankruptcy.  What are these symptoms and scenerios?  In this section, CreditPulse will provide pertinent financial data, uncover the reasons for the bankruptcy and provide a timeline of events for each bankruptcy profiled thus providing a roadmap for risk practitioners in analyzing and anticipating bankruptcies.