Attorneys must go through extensive education, training, and licensing to practice law, and often work grueling hours for their clients. So why do they sometimes accept a claim without billing for their time? In order to make the law more… Read More ›
Commercial collections
ARM Industry Trends to Plan for in 2023
The accounts receivable management (ARM) industry in the U.S. was recently valued at $17.9 billion¹, but how will recent market forces influence the market in 2023? The National List of Attorneys (The NL) has identified multiple trends from this year… Read More ›
When is the Right Time to Litigate A/R?
The “I Can Do It” Trap When collecting past-due accounts receivable (A/R), there is a point of diminishing returns at which the efforts of a lay person just can’t produce the results that can be attained by a qualified… Read More ›
Retail & Restaurant Bankruptcies: What are creditors’ options when they close?
Within the past year, I’ve driven up to three of my favorite casual dining restaurants—Applebee’s, Paradise Bakery, Sweet Tomatoes—only to find that they had closed. According to the Internet, which is not always up-to-date, some locations are still open. However……. Read More ›
How to Get Higher Returns for Non-Performing Judgments
Today’s blog was written with the help and expertise of Aaron A. Rose, President of CenterPoint Legal Solutions, LLC , Roseville, MN. Our editor, Marti Lythgoe interviewed Aaron by phone on 8/24/17. She also drew from information contributed by Lisa… Read More ›
2017 Robert E. Caine Leadership Award Goes to Long-Time NL Member
It is with great pleasure that we congratulate Leonard Abrams of Chicago, Illinois, for receiving the 2017 Robert E. Caine Leadership Award from the CLLA (Commercial Law League of America). The award will be presented at the Eastern Region Conference… Read More ›
TILA Emphasis Is Shift from “Let Buyer Beware” to “Let Seller Disclose”
The Truth In Lending Act (TILA) requires “meaningful disclosure of credit terms,” which translates to “simple and easy-to-read.” TILA applies to most types of credit, including closed-end credit—such as an auto loan or mortgage, or open-ended credit—such as a credit card. TILA does… Read More ›
Four Debts and a Funeral
Today’s Guest Blog was written by Crystal M. Duplay, Esq., Law Offices of Timothy Sullivan. You are attempting to collect a debt and learn that the debtor is now a decedent. How should you proceed? Do you immediately close the… Read More ›
Post-Judgment Recoveries Available to a Judgment Creditor
PART 4 of the series What to Expect when Retaining a Collection Attorney to Assist in Recovery of Delinquent Accounts. Today’s guest blog was contributed by Lisa H. Haster, Esq., Of Counsel/Marketing Director for Gurstel Law Firm P.A. Over a… Read More ›
What Exactly Is a Judgment and How Does It Benefit Me?
Today’s guest blog was contributed by Lisa H. Haster, Esq., Of Counsel/Marketing Director for Gurstel Law Firm P.A. Over a series of 4 blogs, she is walking our readers through the processes that can be expected before, during and after… Read More ›