Katabat

JANUARY 17, 2020

With a new decade commencing, there is no shortage of retrospectives. I believe 2019 will be remembered as a critical transformational year for the debt collection industry. Long-percolating patterns and pressures firmly coalesced around permanent shifts in digital consumer behavior (hello, TikTok!), late-cycle upticks in consumer credit default (the trough was actually WAY back in 2015), dramatic changes in technology for the industry, and meaningful new regulatory guidance.

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Lender Collection Agencies Collections Agency Consumer Credit 52

NCBA Law Practice Management Blog

JANUARY 14, 2020

Every December, your law firm shuts down, so that you can send out holiday card s. It’s not just about getting the contact l i st together. It’s about selecting the cards. And, getting the message right. And putting them in envelopes. And stamping them. And mailing them. And, the n. Your card gets throw n o n a pile with thousands of others, without even being looked at, before it’s recycled.

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Brown and Joseph

JANUARY 11, 2020

Introduction Businesses must first have financing in order to undergo a successful turnaround. The key to planning a successful turnaround is finding the right financing… The post Financing a Corporate Turnaround appeared first on Brown & Joseph, LLC.

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Debt Financing 52

ABI

JANUARY 16, 2020

By: Morgan C. Liptak. St. John’s University School of Law. American Bankruptcy Institute Law Review, Staff Member. Under section 1123(a)(4) of title 11 of the United States Code (the “Bankruptcy Code”), a reorganization plan should provide equal treatment for each claim of a particular class, unless the claim holder specifically agrees to less favorable treatment. [1] In In re Peabody Energy Corporation , the United States Court of Appeals for the Eighth Circuit held that “consideration for valu

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Creditors Debtor Bankruptcy Banks 40

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Foster Swift

JANUARY 15, 2020

A party who believes that a bankruptcy court erred in either granting or denying relief from the automatic stay needs to act fast to appeal such a decision. In the recently decided case of Ritzen Group, Inc. v. Jackson Masonry, LLC , the U.S. Supreme Court held that: “[A]djudication of a motion for relief from the automatic stay forms a discrete procedural unit within the embracive bankruptcy case” which “yields a final, appealable order when the bankruptcy court unreservedly g

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Credit Management Company

JANUARY 14, 2020

More Americans than ever now own phones, tablets, and computers, and they expect these devices to play an important role in the delivery of their healthcare. That's just one reason telehealth services grew 643% between 2011 and 2016. It's also why fewer people retain a primary care doctor. In 2020, healthcare providers can expect these convenience care trends to continue, and this may be bad news for many of them.

Healthcare 40

Healthcare Retrieval Education 40

ABI

JANUARY 16, 2020

By: Ross Weiner. St. John’s University School of Law. American Bankruptcy Institute Law Review , Staff Member. Under section 363 of title 11 of the United States Code (the “Bankruptcy Code”), a trustee or debtor-in-possession may sell the debtor’s assets. A trustee may avoid such a sale or recover damages if the sale process is controlled by collusion.

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Taurus Collect

JANUARY 13, 2020

When you first send out an invoice to a customer, the last thing on your mind is debt recovery and what you will do to collect it. In fact, as a small business, debt recovery is probably the most important thing you should consider, and can often be the difference between a long and successful business, and a very short-lived, insolvent one. The key to debt recovery for small business is really to have a very simple system in place for when things go bad.

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ABI

JANUARY 12, 2020

By: Justin Henderson. St John’s University School of Law. American Bankruptcy Institute Law Review Staff Member. The United States Court of Appeals for the Fifth Circuit, in SEC v. Stanford International Bank, Ltd. , held that the United States District Court for the Northern District of Texas abused its discretion when it approved a settlement that would preclude third-parties from bringing claims against the debtor’s insurers (the “Underwriters”). [1] As a result of a ponzi scheme

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Banks Bankruptcy Debtor Judgment 40

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Banks