It is getting busy out there for credit and collection people!

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 our firm, even more so in the last 3 months. It is palpable. The other scary thing is that every finance or banking person I talk to says the same thing: They don’t see the end, or even an upturn. I’ve always felt that we in the Creditors’ Right business can see it coming about 6-12 months ahead of time. If that’s the case, there are some long-term problems out there. What are other people seeing?

Written by Bernstein- Burkley, P.C. on August 4, 2008

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