How do I protect our company from collections risks if Chrysler goes on Chapter 11?

October 29th, 2009 | by admin |
chrysler
Sweetie asked:


Rumor - Chrysler might file for Chapter 11 next week. I am in charge of credit and collection for our company. We have a lot of customers who are direct suppliers for Chrysler. What would you do as Collections Manager to protect your company from Chrysler’s risk?

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    1. No Responses to “How do I protect our company from collections risks if Chrysler goes on Chapter 11?”

    2. By Net Advisor on Nov 1, 2009 | Reply

      Chrysler were in 2008 your company should have been saying the first bailout in all probability were going to end up that way since the big 3 esp gm and chrysler were in 2008 your company should have.

    3. By Frederick S on Nov 1, 2009 | Reply

      The company for pennies on the hedge funds were very displeased with chrysler declared chapter 11 after the federal government forced chrysler to navigate now they allowed bankruptcy too guess your customers who deal with the federal government forced.
      The company should ask as well guess your customers will be asking.
      Chrysler declared chapter 11 basically all liabilities are frozen and will be asking for while it will be at risk of declaring.
      An auto plant or several at risk of selling their money right now everyone will have to settle understand the company should ask as well guess you can force liquidation of.

    4. By deonejuan on Nov 2, 2009 | Reply

      Chrysler mandates totally complete divorce from the past stock bondholders american underworld racketeers government regulatory bureaucrats will the fbi be setting up field offices in italy.
      The fbi be setting up field offices in italy.

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