Norton's Creditors' Rights Handbook provides how-to guidance on structuring the debtor-creditor relationship, along with outlines for strategies and steps you need to take to control credit transactions from the outset. The handbook presents a narrative outline of three major stages in the debtor-creditor relationship: inception, out-of-court workout, and bankruptcy. Beginning with a comprehensive overview of each section, the text:
- Analyzes the important laws and regulations in effect
- Identifies potential problem areas at each juncture of the process
- Offers practice-proven strategies for avoiding creditor traps and pitfalls
- Recognizes a deteriorating credit situation
This handbook enables you to:
- Draft appropriate default provisions
- Comply with lender liability statues
- Anticipate insolvency proceedings
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