article thumbnail

Average Recovery Rate of a Collection Agency

Nexa Collect

Debtors are less likely to pay when they feel threatened. Their debt collectors must be located in multiple time zones in order to work with debtors nationwide. Quality of your own debt: If you primarily serve a lower income group, or if your state debt laws are favorable for debtors, then the recovery rate will be lower.

article thumbnail

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

Burr Forman

Bankruptcy and Restructuring Lawyers. 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. Birmingham Partners Derek Meek and Mike Hall have been recognized on the 2020 Lawdragon “ 500 Leading U.S.

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

In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

In the Red

After dividing the courts for a number of years, we finally have the answer to the big question of whether rejection of a trademark license by a debtor-licensor deprives the licensee of the right to use the trademark. Chicago American Manufacturing, LLC , 686 F.3d After various disputes over the Agreement, Tempnology filed Chapter 11.

article thumbnail

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. Bregman , of Brutzkus Gubner’s offices in Denver and Los Angeles, is a bankruptcy and financial transactions lawyer.