Credit Easing?
I suppose the lowering of LIBOR is an indication to some that credit is easing, at least on Fleet Street! Most of the “main street” businesses probably don’t feel that …
Blog
DIP Loans Harder to Find?
Posted on by Bob Bernstein
When a company files a Chapter 11 case (or even before-when there is time), a big issue is how to fund operations post-filing. The Debtor-in-Possession (DIP) needs to make arrangements …
Stay Calm…Ride the Economic Storm
Posted on by Bob Bernstein
Stay calm…That’s hard to do when it seems like we have no control over the loss of a large percentage of our personal net worth. Real estate values down, stock …
Credit, Credit Everywhere…
Posted on by Bob Bernstein
“Credit” is the topic of so many discussions these days. From the $85 billion “loan” the US is giving AIG to the effect the credit “markets” have on business, to …
Who Would Have Thought…
Posted on by Bob Bernstein
…that we would have to prop up Fannie, Freddie and AIG at the same time? There are so many interesting discussions going on around these actions. Where do we draw …
A Down-to-Earth Collection Resource
Posted on by Bob Bernstein
I’ve become very impressed with the work of Michelle Dunn, author, consultant and former owner of a collection agency built from scratch. Michelle’s books and articles stress many of the …
Beyond the Nigerian Email Scam
Posted on by Bob Bernstein
If you are reading this, you most certainly have at one time received an email from the sister-in-law to the Finance Minister of Nigeria (or someone like her), telling you …
Get out there and volunteer!
Posted on by Bob Bernstein
I’m sure that’s a pretty strange title for a post on a law blog. But today I was reviewing where I spent my time in the last several days. I …
It is getting busy out there for credit and collection people!
Posted on by Bob Bernstein
I’m probably not telling you anything you don’t already know, but it is really heating up out there. I have noticed a definite up-tick in new creditor activity placed with …
50-State Judgment Renewal Timing
Posted on by Bob Bernstein
A couple of weeks ago, a client whose national recoveries we manage asked if I knew where there was a list of the judgment renewal deadlines in the fifty states. I …