Mon.Dec 09, 2019

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Bankruptcy for Married Couples

Luftman, Heck & Associates.

When there is consistently more month than money and your financial situation continues to deteriorate due to job loss, medical bills, or consumer debt, it may be time to consider your legal alternatives. Among the options available is bankruptcy for married couples. Besides determining if you qualify for filing Chapter 7, where your debts are discharged, or qualify for filing Chapter 13, in which you have a repayment plan, you Read More.

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Any Way You Look At It, Debt Collection is Transforming

Katabat

In November, Kyle Christensen and I had a lot of fun leading two TECHtalk roundtable discussions at CollectTech 2019 where attendees joined us in lively conversations about key opportunities facing the industry. One group spoke about ways to leverage the proposed CFPB rule changes to their advantage, while the second tackled the role played by the likes of Snapchat, Instagram and Venmo in driving the digital payment revolution.

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UK businesses not feeling good about invoice collection, new research shows

Taurus Collect

According to a recent trade credit report from Credit Insurer Atradius, UK companies saw an increase in invoice collection last year (61%), up from 54% in 2018. Despite the apparent improvement in invoice collection, it still remained that 35% of invoices produced by UK businesses were outstanding beyond payment terms. And the outlook appears to be that it is only going to get worse.