Bankruptcies Declining… Another Symptom of the Recovery?

Experian reports that both consumer and commercial bankruptcies declined steadily in 2011, and have dropped dramatically since their peak rates in 2009 and 2010 respectively.  For those in the collection industry, this is confirmation of what most of us already… Read More >

Surety Market Outlook

Construction Executive Magazine has published its annual “Surety Market Outlook” (November 2011 Edition).  Some of the major conclusions and observations are: Only well capitalized contractors with a solid record of success will find significant bonding capacity in 2012 Small contractors… Read More >

Deficit Reduction May Bring About Changes to Debt Collection

While the proposal only pertains to the collection of government owned or guaranteed debt, it very well may lead to more far reaching changes in federal and state law.