The economic crisis of recent years has resulted in near record bankruptcy filings. The impact upon your business when a customer or vendor files a petition for bankruptcy can be devastating. You can alleviate the economic loss, however, by learning about the different types of bankruptcies, the effect of the automatic stay, 341 Meetings of Creditors and avoidance actions.

Read the rest of article by Margie Bodas and Deb Swenson which appeared in the April-May 2010 Upsize Minnesota magazine.