American Profit Recovery

SEPTEMBER 8, 2022

We work with a variety of clients – dental offices, lawncare services, banks, veterinarians, restoration companies, and medical laboratories – just to name a few. So when I come to work, I put on whatever hat is necessary of me to have the most constructive conversations to satisfy the needs of our consumers and our clients.

Collections 233

Collections Construction Banks 233

UK debt collections

MARCH 24, 2022

More than two-thirds (65%) of contractors have experienced slower payments since the start of the pandemic , according to research carried out by Lloyds Bank Commercial Banking. UK construction sector output is growing, but many firms’ working capital is being strained by factors such as heightened material and energy costs.

Construction 83

Construction Banks Credit Management Debtor 83

Nexa Collect

OCTOBER 31, 2022

Construction. Plumbing, Heating, Air. Engineering. Interior Design. Travel Agent. Distribution. Medical / Athena. Publishing. Credit Unions. Retail/Consumer Misc. Pest Control. Auto Supply & Repair. Restoration Companies. Commercial. Manufacturing. Pharmaceutical. Wholesale, Durable. Social Services Misc. Real Estate Management.

Credit Unions 130

Credit Unions Credit Unions Manufacturing Collection Agencies 130

Jimerson Firm

JUNE 24, 2021

His distinction comes from his work in the practice areas of business litigation, construction litigation and banking. Birr was recognized for the 11th year for his work in the practice areas of business litigation and construction litigation, with eight as a Florida Super Lawyer after three as a Rising Star.

Lawyers 98

Lawyers Construction Law Firms Client Expectations 98

UK debt collections

DECEMBER 14, 2023

The analysis shows that the number of businesses closing in the construction sector climbed by 41% whilst opening had dropped 8%, while in the retail sector , closures were up by almost 30%, the highest in at least six years. The sectors that saw the largest reductions were retail, construction , real estate and courier services.

Retail 64

Retail Construction Banks 64

Burr Forman

APRIL 1, 2021

Matt is recognized in the area of construction while Erik is recognized for his tax articles. Additionally, Erik’s article SBA Issues New PPP Loan Guidance for Self-Employed Individuals and Others is recognized as one of the top read articles for Finance & Banking. Erik Doerring is a Partner in the firm’s Columbia office.

Construction 76

Construction Manufacturing Banks Loans 76

Jimerson Firm

OCTOBER 14, 2020

A Notice of Commencement signals the beginning of a construction project, and provides protection to the owner, contractors, and suppliers. But what happens when the construction project is complete, the owner doesn’t want to continue with the project, or the owner wants to sell or refinance? LaSalle Bank Nat. 713.132(3), Fla.

Construction 98

Construction Law Firms Banks 98

Jimerson Firm

AUGUST 26, 2021

National Bank of Winter Haven , 39 F.2d Wrongful/Constructive Eviction. For example, a tenant may raise a counterclaim for wrongful/constructive eviction. As such, counterclaims for wrongful/constructive eviction are generally raised in response to a landlord’s action for damages as opposed to its action for possession/eviction.

Construction 98

Construction Banks 98

UK debt collections

NOVEMBER 6, 2020

1 in 6 Small Business invoices is being paid late according to latest findings in a report conducted by a Business banking company across the UK. IT & telecoms and construction professions experience more than 20% late payments – or 1 in 5. Construction. 17% are securing at least some payment ahead of beginning work.

Construction 87

Construction Retail Manufacturing Banks 87

Burr Forman

MAY 20, 2021

The firm received 23 total rankings across the firm’s footprint including Alabama for Banking & Finance, Bankruptcy/Restructuring, Commercial Litigation, Construction, Corporate/Commercial, Healthcare, Labor & Employment, and Real Estate. Damon Denney, Banking & Finance. Jack Kowalski, Construction.

Healthcare 40

Healthcare Construction Bankruptcy Lawyers 40

Jimerson Firm

FEBRUARY 25, 2021

Register Now for the Construction Industry Webinar: 15 Critical Construction Contract Provisions. Registration is Open for the Banking & Financial Services Industry Webinar: Properly Handling Mortgage Foreclosures. Partner’s Perspective: A Suite of Information at Your Fingertips.

Construction 40

Construction Foreclosure Financial services Banks 40

Burr Forman

AUGUST 20, 2020

Paul Durdaller – Litigation – Banking and Finance. Ed Snow – Banking and Finance Law, Securitization and Structured Finance Law. Damon Denney – Banking and Finance Law, Commercial Finance Law, Real Estate Law. David Elliott – Commercial Litigation, Financial Services Regulation Law, Litigation – Banking and Finance.

Lawyers 40

Lawyers Construction Acquisition Bankruptcy 40

Burr Forman

AUGUST 20, 2020

Paul Durdaller – Litigation – Banking and Finance. Ed Snow – Banking and Finance Law, Securitization and Structured Finance Law. Damon Denney – Banking and Finance Law, Commercial Finance Law, Real Estate Law. David Elliott – Commercial Litigation, Financial Services Regulation Law, Litigation – Banking and Finance.

Lawyers 40

Lawyers Construction Acquisition Bankruptcy 40

ABI

JANUARY 19, 2024

In evaluating the Texas Business & Commerce Code and title 11 of the United States Code (the “Bankruptcy Code”), the United States Bankruptcy Court for the Southern District of Texas, in In Re Burts Construction, Inc., In 2017, Allegiance Bank loaned Burts Construction, Inc. the “Debtor”) $1.5 1] In re Burts Constr.,

Secured Creditor 40

Secured Creditor Bankruptcy Debtor Collateral 40

Troutman Sanders

SEPTEMBER 12, 2022

The decision vacates a 2021 Southern District of New York ruling, which held that the lenders were not on constructive notice of the mistake and could rely on the discharge-for-value doctrine to retain the funds. Citibank administered a $1.8 billion loan to Revlon, Inc., funded by a group of lenders.

Lender 52

Lender Construction Loans Debtor 52

Jimerson Firm

APRIL 22, 2021

Watch Now: Critical Construction Contract Provisions Webinar. Catch Up on our Banking & Financial Services Industry Blog Series for SBA Lenders. Managing Partner Moderates Legal Panel for Banking & Financial Services Industry. Partner’s Perspective: Choosing to Be an Ambassador of Fun and Happiness.

Construction 40

Construction Financial services Lender Banks 40

Qualco

SEPTEMBER 12, 2023

During a tightening cycle, central banks worldwide raise interest rates in an attempt to curb inflation. The Asset-Driven Approach In the ever-changing financial environment, banks and servicers must adopt an Asset-Driven Approach to effectively manage loan portfolios and optimise recovery outcomes.

Collateral 102

Collateral Collections Financial Institution Loans 102

Jimerson Firm

NOVEMBER 5, 2021

Jimerson Birr clients are representative of many different business industries, including construction, banking and financial services, manufacturing and distribution, healthcare, real estate development, and community associations. For more information about the firm, visit [link] or call (904) 389-0050. ###.

Law Firms 98

Law Firms Lawyers Client Expectations Manufacturing 98

Troutman Sanders

MAY 4, 2022

The proposals also address the question of whether an employee is in constructive receipt of their earned wages, which can affect tax withholding and depositing obligations for employers, depending on the EWA program’s design.

Loans 52

Loans Construction Banks 52

Burr Forman

JUNE 24, 2021

Troy Smith , Construction Litigation. Peter Vilmos , Construction Litigation. Jacqueline Simms-Petredis , Banking. Adrian Rust , Bankruptcy: Business. Ellsworth Summers, Jr. Bankruptcy: Business. Scott Thomas , Business Litigation. Eric Golden , Business Litigation. Howard Marks , General Litigation.

Lawyers 52

Lawyers Construction Bankruptcy Debtor 52

Nexa Collect

DECEMBER 17, 2020

Credit Unions have been traditionally less-visible and less-known than big national banks, not because they offer less-advantageous banking services but mostly because they are limited by their membership (members of a community or employees of the same company) and by their low marketing budget. Or do they?

Credit Unions 130

Credit Unions Credit Unions Financial Institution Financial services 130

Jimerson Firm

SEPTEMBER 28, 2020

If a defendant cannot be located, then service may be effected by constructive service, i.e., service by publication, which is governed by Chapter 49, Florida Statutes. Before a defendant can be served by constructive service, the plaintiff must make a diligent search and inquiry to locate the defendant. Deutsche Bank Tr.

Foreclosure 98

Foreclosure Construction Judgment Lender 98

Nexa Collect

APRIL 11, 2021

Now we know that before the Great Depression, there was a credit boom accompanying the economic expansion of the 1920s, where banks and financial intermediaries competed to extend credit for consumption and investments. Great Depression , EHES Working Papers in Economic History | No. 4, March 2013 ).

Collections 130

Collections Collection Agencies Collections Agency Construction 130

True Accord

AUGUST 25, 2020

Banks are accelerating their adoption of new digital debt collection tools in anticipation of a “tidal wave of consumer debt issues” when government stimulus programs end and financial institutions stop offering forbearance and loan deferral options. Challenge #2: Narrow, channel-specific use of machine learning.

Collections 91

Collections Financial Institution Banks Construction 91

Collections Law

JUNE 15, 2020

The Massachusetts Mechanic’s Lien Statute is a law that helps safeguard contractors’ and suppliers’ “investment” in a construction project’s improvement. A mechanic’s lien is a statutorily-created lien against the construction property. Mechanic’s Lien—What is it and How Does it Work? Cohen LLC, increases your chances of getting paid.

Mechanic’s Liens 52

Mechanic’s Liens Construction Debt Recovery Lawyers 52

Direct Recovery

MAY 4, 2024

This can be especially true in many tech-related businesses, but it can also be an issue in industries like banking or construction, where a specific type of language is used in contracts, deals, and negotiations. How Does the Agency’s Fee Structure Work?

Collection Agencies 59

Collection Agencies Collections Agency Collections Construction 59

Jimerson Firm

JANUARY 3, 2023

We have seen a trend in the construction industry toward contractors requiring their employees to sign non-compete agreements. It has become fairly common practice. But what if your employees are not restricted by signed non-compete agreements? Do you have any rights to stop them from competing or taking your customers or other employees?

Construction 52

Construction Trade Banks 52

Hudson Weir

FEBRUARY 28, 2023

This company property can be anything from equipment and constructions to apparatus, vehicles, and intellectual property. Secured creditors include leasing companies and banks. Usually, a bank will only lend if the borrower puts their signature on a document allocating security to the arrears.

Unsecured Creditor 52

Unsecured Creditor Secured Creditor Creditors Construction 52

Hudson Weir

SEPTEMBER 11, 2023

According to the British Business Bank , there was a 12.8% increase in gross bank lending to SMEs between 2021 and 2022. In total, banks provided £65.1bn in loans to small companies with more likely to have gone to larger businesses too! But what’s the difference between secured loans and unsecured ones? What is a secured loan?

Loans 52

Loans Collateral Secured Creditor Unsecured Creditor 52

Jimerson Firm

MARCH 24, 2022

Jimerson Birr clients are representative of many different business industries, including construction, banking and financial services, manufacturing and distribution, healthcare, real estate development, and community associations. For more information about the firm, visit [link] or call (904) 389-0050. ###.

Law Firms 98

Law Firms Lawyers Client Expectations Manufacturing 98

Troutman Sanders

DECEMBER 4, 2023

On December 1, the House of Representatives approved a resolution to repeal a Consumer Financial Protection Bureau (CFPB) rule that mandated banks to gather data on loan applications from women-owned, minority-owned, and small businesses to help lenders identify business development needs and opportunities. For more information, click here.

Financial services 52

Financial services Collateral Banks Trade 52

Fico Collections

SEPTEMBER 3, 2020

The UK’s financial watchdog is now calling on UK banks to continue to provide support to mortgage customers when the government-enforced payment holidays come to end next month. The FCA has told banks to offer a range of tailored repayment options to mortgage borrowers hit by coronavirus. .

Construction 52

Construction Debt collector Collections Banks 52

Troutman Sanders

AUGUST 21, 2023

On August 15, the OCC released its annual update to the Bank Accounting Advisory Series (BAAS). The BAAS contains staff responses to frequently asked questions from the banking industry and bank examiners on a variety of accounting topics. For more information, click here. For more information, click here.

Financial services 52

Financial services Banks Loans Financial Institution 52

ABI

JANUARY 22, 2023

million construction loan from Evertrust Bank (“Evertrust”) to build a hotel. [v] v] Because Evertrust refused to fund $4 million on the loan, The Source Hotel halted construction. [vi] Bank of Am. ( iv] The Source Hotel, LLC ( “The Source Hotel”) obtained a $29.4 vii] See id. viii] See id. ix] Id. xiii] Id.

Bankruptcy 40

Bankruptcy Debtor Construction Foreclosure 40

Jimerson Firm

APRIL 7, 2022

Jimerson Birr clients are representative of many different business industries, including construction, banking and financial services, manufacturing and distribution, healthcare, real estate development, and community associations. For more information about the firm, visit [link] or call (904) 389-0050.

Law Firms 52

Law Firms Client Expectations Manufacturing Construction 52

Jimerson Firm

MARCH 10, 2022

Jimerson Birr clients are representative of many different business industries, including construction, banking and financial services, manufacturing and distribution, healthcare, real estate development, and community associations. For more information about the firm, visit [link] or call (904) 389-0050. .

Law Firms 52

Law Firms Client Expectations Manufacturing Construction 52

Collection Industry News

SEPTEMBER 27, 2022

A third of people were just managing to make ends meet this month, according to a Bank of Ireland sentiment survey. The figure rose to 53pc for lower-income households, Bank of Ireland’s economic pulse survey found, and dropped to 16pc for those at the top end. Bank of Ireland’s consumer pulse survey came in at 42.1

Construction 40

Construction Banks Retail Collections 40