Covering Business Credit

Credit Questions and Answers
Business Credit and Collections
Commercial Credit Management

Return to Q and A 2005Home

spacer
 
Doctor Credit

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.

 

 
spacer spacer

 


 

Web

www.coveringcredit.com