In our case, clients have either: 1) Gone out of business and dissolved their businesses, or 2) Claimed they don't have the finances to pay us. All clients ent

In our case, clients have either: 1) Gone out of business and dissolved their businesses, or 2) Claimed they don't have the finances to pay us. All clients enter into a contract with us. So when they don't pay, we have legal recourse. In #1, there's little we can do, except go to court and get in line as a debtor. In #2, we ended up with a promissory note stating they're legally bound to pay us as soon as they are able to. There are other avenues one can pursue, this is just the deal we worked out with them and all the lawyers involved.