Bankruptcy Credit Management Loans Trade 
CICM
OCTOBER 6, 2023
It is often used as an alternative to liquidation or bankruptcy and aims to rescue the company as a going concern or achieve a better outcome for creditors than an immediate liquidation would. A Receivership can be triggered by loan defaults, breaches of financial covenants, or the need to safeguard the interests of creditors.
Better Credit Blog
APRIL 6, 2022
We break this down in our article: “ What Exactly is Credit Repair & How it Works,” but the short answer is that credit repair is the process of reviewing, disputing, and negotiating negative items on your credit report that may negatively impact the credit risk tier you’re in and the loans and interest rates you qualify for.
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