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<blockquote data-quote="Mark Jackson" data-source="post: 59342" data-attributes="member: 153"><p>An iron clad customer agreement like the one I have shared a thousand times will NOT protect you from bankruptcy. All you can do is budget for bad debts and have spatial awareness as you clearly did. 45 days is not too bad.</p><p></p><p>You must be VERY careful how you handle cases once the BK notice is received. The Safe Harbor law will come back and bite you if you try and play hard ball with a BK account.</p></blockquote><p></p>
[QUOTE="Mark Jackson, post: 59342, member: 153"] An iron clad customer agreement like the one I have shared a thousand times will NOT protect you from bankruptcy. All you can do is budget for bad debts and have spatial awareness as you clearly did. 45 days is not too bad. You must be VERY careful how you handle cases once the BK notice is received. The Safe Harbor law will come back and bite you if you try and play hard ball with a BK account. [/QUOTE]
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