What is a workout specialist? I can guess, but I would rather get a complete
answer.
Answer: I am not sure I have
a complete answer. This is not a defined term. Credit professionals sometimes
deal with workout specialists when they call for payment. The call is routed
to a workout specialist who typically asks for partial debt forgiveness or
a payment moratorium. In general, a workout specialist is someone hired by
a company in trouble to help them negotiate with their creditors.
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