Scot Pierce has written an article for the bankruptcy issue of the ABF Journal entitled, “Client Bankruptcy… Pitfalls to Avoid as a Factor.”  Factors face a myriad of problems when a client or an account debtor files for bankruptcy protection.  Bankruptcy changes the rules and changes the environment.  Factors need to understand this environment to navigate the pitfalls.  The most diligent creditor is the one who is usually the most successful.  Please read the article here:  http://www.abfjournal.com/articles/client-bankruptcy-pitfalls-to-avoid-as-a-factor/