News from the CLLA Fall Meeting November 2008
The New York CLLA meeting is always busy. This year, there was a buzz of excitement relating to a few areas. First, everyone was taking about how the economy affects …
Blog
Blog
So we’re In a Recession. Really?
Posted on by Bob Bernstein
I loved all the discussion this week about whether we were in a recession. Any of us in the credit, collections and bankruptcy world know we’ve been in a recession …
Getting P.A.I.D. is Critically Important
Posted on by Bob Bernstein
Okay, it’s a shameless plug for the book (Get P.A.I.D. a Guide to Getting Paid Faster) and the system, but it is also a reminder of how important it is …
Credit Easing?
Posted on by Bob Bernstein
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 …
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 …