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Burr’s Derek Meek and Mike Hall Named to Lawdragon’s Inaugural Leading Bankruptcy Lawyers List

Burr Forman

Derek is the chair of the firm’s Creditors’ Rights and Bankruptcy practice group and a Fellow in the American College of Bankruptcy. Derek regularly represents debtors, creditors, committees, asset purchasers and other clients in matters related to insolvency, financial distress, and bankruptcy, both in and out of court.

Lawyers 40
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Debt-Service Coverage Ratio: A Useful Financial Measurement for Assessing Future Debt Recovery

Debt RR

It’s how lenders measure an organization’s available cash flow to pay off debt obligations, essentially a credit score for a business. This matters because creditors use this information to determine whether to do business with the U.S. Like personal credit scores, DSCR ratios are calculated differently by different creditors.

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How a Debt Collection Agency Can Help Your Cash Flow

Credit Management Company

While healthcare providers are most commonly associated with debt collection, lenders, manufacturers, service companies, retailers, contractors, and even independent contractors can benefit. Monitoring when certain debtors become solvent. billion for creditors in 2016 while only charging $10.9

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JUST IN TIME: NEW BANKRUPTCY RELIEF FOR SMALL BUSINESSES – NEW YORK LAW JOURNAL

Collection Industry News

million in light of the unprecedented financial distress being experienced by small businesses all across the county, including especially by small retailers and manufacturers, restaurants and services providers. Owners now have a way to keep their equity ownership even over the objection of creditors. million to $7.5

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The bill “establishes temporary limitations on lenders’ remedies for borrowers’ failures to make payments on obligations secured by mortgages, trust deeds or land sale contracts for certain real property” due to “loss of income that is related to the COVID-19 pandemic.” For more information, click here.