Extra Credit
Welcome to Extra Credit, a weekly podcast from the National Association of Credit Management. You can expect to hear from different credit professionals each Friday. We’ll help you stay informed about the latest in the B2B credit world.
Extra Credit
When Should You Write an Account Off as Bad Debt?
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NACM
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Episode 29
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Writing off bad debt is typically a last resort if a customer files for bankruptcy or just does not pay. But you don’t want to be too quick to write something off that might be collectable in the future. Hear how some creditors decide when it is time to throw in the towel. Also, a tip about staff retention!
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