Most trade payments only become past due after a bankruptcy filing. Thus, unsecured creditors are given a false sense of security and after months - or years - of legal proceedings, they recover pennies on the dollar.
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CreditRiskMonitor’s FRISK® Stress Index today shows that the retail industry in the United States is experiencing near-record financial stress.

With cracks already starting to show in the trucking industry and CFOs worrying that economic conditions are primed to decline, the time to prepare is now.

Unless there is a rapid economic recovery, more retailers are going to go the way of J. C. Penney, Pier 1 Imports, Neiman Marcus and J.Crew. That is: bankruptcy.

As the likelihood of an economic downturn continues to intensify, public companies across cyclical industries like trucking should be monitored closely.

Nearly 30 percent of Australia's public companies in our CreditRiskMonitor global directory are at a FRISK® score which indicates an elevated level of bankruptcy risk in 2018. Supply chain professionals must know that even in a strong Australian economy, risk exists in plenty of industries.

The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how bond agency ratings play a role.

Amazon’s push into the prescription delivery market along with COVID-19 have had varying impacts on retail pharmacies. For merchandise vendors selling to Rite Aid Corporation, now is the time to evaluate risk exposure.

The decline and demise of oil services giant McDermott International, Inc. was missed by many due to an unwise reliance on trade payment data analysis. When it comes to public companies and bankruptcy prediction, payment data doesn't work.