The Equipment Lessor Responds to Bankruptcy: A Practical Approach Out of Stock
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The Equipment Lessor Responds to Bankruptcy: A Practical Approach
By Michael St. James, Esq
Fall 1988
A practical guide to bankruptcy for equipment lessors, this article outlines a procedure to be followed by the equipment lessor\'s collection department in all bankruptcy cases. If implemented, the collection department should be able to resolve most bankruptcy cases promptly, and with a minimum of assistance from legal counsel. The article also explains when to involve legal counsel, and what to expect from counsel\'s involvement.
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