How High Inflation Rates Impact Commercial Debt Collection With U.S. inflation higher than it’s been in more than 40 years, creditors are wondering what the effect will be. If the nature of your business includes extending commercial credit, you may be concerned about...
Total Card Debt Expected to Hit All-Time Record With inflation running higher than it has in more than 40 years, Americans are beginning to rely on plastic more than ever. Continually rising costs of necessities is causing more Americans to depend on credit cards to...
A Simple Way to Protect Your Security Interest Does your business provide credit to customers? Then you should know about UCC filings. Let’s start at the beginning. What Is the UCC? The Uniform Commercial Code (UCC) was established in 1952 as a means to consistently...
Pandemic Has Changed the Timing of Commercial Bankruptcy Filings Did you know the first quarter of the year has become the most active time for commercial bankruptcy filings? While in years past, the second quarter was the most active period for these filings, that’s...
Trying to locate someone who may not want to be found can be a frustrating experience. That’s why skip tracing is such a valuable tool for the commercial collections industry. But how exactly does it work? Professional collectors use skip tracing to locate debtors...
