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Sample Template for Reclamation Demand Letter
Best practices and downloadable demand letter to reclaim any goods delivered in the period immediately prior to the bankruptcy filing.
About this course
| description |
| lessonOverview |
Use this letter to file a reclamation demand letter with a customer that has filed for bankruptcy.
This letter must be sent within [x] days of the bankruptcy filing and can cover
The following conditions are required to establish a valid reclamation claim under the Bankruptcy Code:
a) You must have sold goods on credit to the debtor in the ordinary course of business;
b) you must have delivered the goods to the debtor when it was insolvent;
c) you must make a written demand for the return of the goods within ten days, or, in certain cases, twenty days after the goods were delivered to the insolvent debtor; and
d) the debtor had possession of the goods at the time of the reclamation demand or the goods were not in the hands of a buyer in the ordinary course or a good faith purchaser at the time of the demand.
For more details, see our article "What to Include in Your Reclamation Letter."
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| instructor |
| name |
title |
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description |
Ins |
| Credit Today |
www.credittoday.net |
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| related |
| image |
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title |
description |
link |
contentType |
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KPIs and Reporting |
Collections Demand Letter Template |
Make collections a seamless process by drafting an effective demand letter. Collect unpaid dues while maintaining healthy customer relationships. |
https://academy.highako.com/collections-demand-letter-template |
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 |
Deductions Resolution |
Creating Collection Letters in Microsoft Dynamics D365 |
D365 offers you different templates for your late paying customers based on your dunning strategies. |
https://academy.highako.com/creating-collection-letters-in-microsoft-dynamics-d365-course |
|
|
About this course
| description |
| lessonOverview |
Use this letter to file a reclamation demand letter with a customer that has filed for bankruptcy.
This letter must be sent within [x] days of the bankruptcy filing and can cover
The following conditions are required to establish a valid reclamation claim under the Bankruptcy Code:
a) You must have sold goods on credit to the debtor in the ordinary course of business;
b) you must have delivered the goods to the debtor when it was insolvent;
c) you must make a written demand for the return of the goods within ten days, or, in certain cases, twenty days after the goods were delivered to the insolvent debtor; and
d) the debtor had possession of the goods at the time of the reclamation demand or the goods were not in the hands of a buyer in the ordinary course or a good faith purchaser at the time of the demand.
For more details, see our article "What to Include in Your Reclamation Letter."
|
|
| instructor |
| name |
title |
image |
description |
Ins |
| Credit Today |
www.credittoday.net |
|
|
|
|
| related |
| image |
tag |
title |
description |
link |
contentType |
|
KPIs and Reporting |
Collections Demand Letter Template |
Make collections a seamless process by drafting an effective demand letter. Collect unpaid dues while maintaining healthy customer relationships. |
https://academy.highako.com/collections-demand-letter-template |
|
|
Deductions Resolution |
Creating Collection Letters in Microsoft Dynamics D365 |
D365 offers you different templates for your late paying customers based on your dunning strategies. |
https://academy.highako.com/creating-collection-letters-in-microsoft-dynamics-d365-course |
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