Best Practices
Teamwork
We make it our responsibility to know you and your firm. We work closely with you to ensure that the results we provide are tailored to meet your unique needs and challenges.
Leadership
Our company is always evolving as the needs of our customers change and as new opportunities are created in the areas we service. When working with D & H, you can rest assured that your access to knowledge, experience and data will always be cutting-edge and second to none.
Focus Area
Who We Are
D & H Credit Services Inc. was established in July of 1994 and has been proud to serve the needs of all types and sizes of firms from Fortune 500 members down to companies with no more than two employees. Before that the company operated as a single proprietorship for over ten years. In total the company has in excess of 75 years of consulting experience. During the last fourteen years the company had provided services for 50 Fortune 500 companies, as well as numerous other clients.
There are few if any other consultants who can provide the specific credit and cash flow improvement help that this consultancy provides.
The People
President, Hal Schaeffer: With over 52 years in the credit industry, Mr. Schaeffer is recognized as one of the most competent and knowledgeable credit and cash flow professionals in and outside of the U.S. Before founding D&H, his employers included Manufacturers Hanover Trust Company, Bausch & Lomb, and Garlock, Inc. a division of Coltec Industries. Since starting the company he has advised over 200 companies and taught thousands of credit professionals. He is one of the few individuals in the country who is certified as an expert witness for bankruptcy preferences and has testified in court in a bankruptcy preference action. He is the author of Essentials of Cash Flow, a book based on his career experiences over the years as well as two other books published by John Wiley & Sons. In April, 2002 he was asked to present to many attendees from around the globe at the prestigious “Credit 2002 Conference” held in London. In October of 2007 he was invited to speak at the “1st World Credit & Collections Congress” on the topic of bankruptcy preference actions in the U.S.
Vice President, Mary Schacht: Ms. Schacht has extensive experience in treasury, finance and credit. Before joining D&H, eleven years ago, she spent almost 20 years at companies such as The Equitable Life Insurance Company, Continental Grain and Olympia & York in a variety of positions including Corporate Cash Manager, Assistant Treasurer and Financial Risk Manager.
- Certified Expert Witness in a Bankruptcy Preference Action - D & H will assist creditors with defenses against preference actions.
- Creditors Committee Representation of those firms who are one of the top twenty creditors in a bankruptcy case.
- Bulk Filing of Proof of Claims - when a firm due to their volume of customers and business is the target for constant filings of bankruptcy, D & H will handle the filing of all of your proof of claims..
New Service! Document Preparation for Potential Preference Actions - D & H works with your staff to prepare you for the eventual preference action by locating and storing all documents needed, providing a potential preference amount and providing Expert Witness Service as well as recommending the best attorney for your defense
- Certified Expert Witness in Bankruptcy Preference Actions - D & H will assist the Estate in defending the recovery of preferential payments made to Defendants by the bankrupt firm by acting as the Estate’s Certified Expert Witness
- Collection of Accounts Receivables, Duplicate Payments & Other Areas Typically Overlooked By Estates - D & H will provide the manpower and expertise to assist the Estate to recover unpaid debts owed to it as well as payments that were made twice for the same invoice to those that the bankrupt firm purchased goods or services plus many other areas of recovery on a Completely Contingency Basis!
- Collection of Preference Claims - Assist the Estate in recouping of preferential payments made to vendors and service providers during the preference period
- Bankruptcy Industry Data Analysis Reports - D & H offers a low-cost industry data analysis report for use in pursuing smaller preference actions filed against a Defendant.
halschaeffer@dandhcredit.com