Credit Best Practices: How to Get to the Head of the Line

"The problem with most debtors today is not that they don't have any money. The problem with most debtors is they have $10,000, but they owe 15 people $1,000 each. The goal is to try and be one of the ten out of 15 that gets paid."– Advice Jerry Bailey received early in his career. If your customer files for bankruptcy and you have followed Jerry Bailey's advice, there is a good chance you can go to the head of line and stand alongside bankers and other secured creditors waiting for…