From Past Due to Protected: Legal and Practical Tools for Cooperative Collections

Description

This session provides an intermediate look at practical and legal tools to reduce bad debt exposure, improve collections, and protect cooperative cash flow. Attendees will learn strategies for evaluating customer credit risk, monitoring receivables, strengthening contracts, and implementing effective collection processes. The session will explore statutory trust protections, including the Perishable Agricultural Commodities Act (PACA) and other industry-specific collection tools, while highlighting broader principles that can be applied across industries and jurisdictions. Participants will also gain insight into recognizing early warning signs of financial distress, protecting creditor rights, and taking proactive steps to improve recovery outcomes before collection issues escalate.