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Bankruptcy Petitions
Bankruptcies are a valuable source for credit managers and lenders who monitor money owed by customers. By the time a company files you may be out of luck. However, watch closely for the personal filings of owners and officers of companies you do business with. It is not unusual for an owner/officer to protect himself or herself prior to taking the business into bankruptcy. For those with services to offer those in bankruptcy, this section is also valuable.