recoupment https://bankruptcy.cooley.com The Business Bankruptcy Blog Mon, 31 Jul 2006 11:38:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://bankruptcy.cooley.com/wp-content/uploads/2025/01/cropped-cropped-favicon-1-1-192x192-1-60x60.png recoupment https://bankruptcy.cooley.com 32 32 Setoffs And Bankruptcy https://bankruptcy.cooley.com/2006/07/articles/setoffs-and-bankruptcy/ Mon, 31 Jul 2006 11:38:12 +0000 http://inthered.wp.lexblogs.com/2006/07/setoffs-and-bankruptcy/ Many businesses not only sell products or services to another company, they also buy products and services from that company. If you do business with a customer or vendor and you each end up owing the other money, you may have the right to "set off" the amount the other company owes you against the amount you owe it. Setoff. When a complete setoff is made, no cash changes hands but each side’…

Source

]]>