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AWWA JAW37683
- Journal AWWA - Reducing Bad-Debt Expenses
- Journal Article by American Water Works Association, 04/01/1995
- Publisher: AWWA
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Water utilities should implement aggressive credit and collection strategies to minimize bad-debt expenses from nonresidential customers. Before customers file for bankruptcy, utilities should have favorable laws and tariff provisions in effect and should implement such provisions for each customer. When customers file for bankruptcy, utilities should intervene and protect their pre- and postpetition interests. In a competitive economic climate, such a policy would make sense for utilities. Includes 29 references.
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