article thumbnail

Number of Insolvent Restaurant Companies rising by the week

UK debt collections

Many restaurant groups have relied on debt finance to fund expansion and renovation, while the hospitality sector was also being affected by a continued shortage of staff, which has driven up wages. These are all thought to be significant contributing factors to rising figure of insolvent restaurant companies. “As

Retail 59
article thumbnail

Three Burr & Forman Partners Elected to the American College of Real Estate Lawyers

Burr Forman

Erin has experience in all aspects of complex secured and unsecured debt financings, corporate mergers and acquisitions, and various sophisticated real estate transactions. Judith is a Partner in the Columbia office and practices primarily in the areas of commercial finance and real estate development.

Lawyers 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

3 Tips for Hiring a Debt Collection Agency

National Service Bureau

Surety bonds are legally enforceable contracts between three parties: typically the principal (the collection agency), the obligee (the state government), and the surety (the insurance company that issues the bond). default on a business contract), education collections (student debt), finance (e.g.

article thumbnail

Student Debt Weakens Retirement Security

Collection Industry News

Student loan debt for older adults, their children, and their grandchildren has been rising for decades. Debt undermining retirement security is a sinister and under-appreciated problem, but the United States Government Accountability Office (GAO) is catching on.