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loanranger

07/24/10 8:41 AM

#326820 RE: big lug #326817

" or if we sent them defective product (and if discovered outside of the payment terms would result in a credit against a future invoice)."

If I may.
In your example, if your company filed bankruptcy......resulting in the absence of a "future invoice"..... Kroger would file a claim in your proceedings, just as was done here.
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OldTymer

07/24/10 2:19 PM

#326852 RE: big lug #326817

big lug, I posted the link in my post. Kroger's is the one who filed the $37.5K number. I would have no way of knowing what kind of an arangement they made. All I know is what was posted. Sorry.