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We have a customer that looks like to might file for bankruptcy protection. We asked that the debtor pay two for one --- and they refused. They said they are allocating money for payments only to suppliers that continue to support them. Any ideas?

Answer: We think your two for one idea was a good one. The same would be true for COD shipments. It seems the problem is this: The debtor feels they have nothing to lose, placing them in a relatively strong bargaining position. Consider this: Your options are to [a] do nothing, [b] place the account for collection [c] arrange for an attorney to file suit against the debtor or [d] participate in an effort to place the debtor into bankruptcy. If none of these are attractive options to creditors, there is little you can offer and even less you can threat the debtor with that will result in your company receiving payment any sooner.

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