Mediations, Negotiations, and Workouts
Mediations, Negotiations and Workouts have also been successfully done for the clients of D & H Credit Services. In the case of one very large Fortune 500 firm, D & H Credit was able to negotiate a very solid settlement of an outstanding balance due a customer on a piece of business that was spun off and sold by that firm. The balance owing was over one year past due.
Some examples of D & H Credit’s results related to mediations, negotiations and workouts include:
- Successfully settled credit and non-credit issues for numerous Fortune 25 companies
- Negotiated workout programs with distressed companies acting on behalf of the creditor keeping the debtor from filing bankruptcy
- Mediated and settled under $200,000 bankruptcy preference actions for clients before court actions were initiated
- Mediated large volume deduction balances between creditors and debtors while reducing the chances for a repetition of this deduction build up