U.S. Home Sales Surged to Highest Level in 14 Years!

A big driver of recovery and collection has always been debtors tapping the equity in their homes to satisfy and settle debts to sureties and fidelity/crime carriers. There is good news on that front!  A recent Wall Street Journal report lists several key takeaways...

Vertex Consulting Issues Annual Report

Bill McConnell, CEO of Vertex Companies, Inc., has issued his annual “State of the Construction Industry-2021” report that discusses the U.S. economy, the U.S. construction industry and contract surety industry. As we approach our 20th year, K&F has been through...

HELOCs Are Back in Vogue

According to the Wall Street Journal, rising home prices are causing consumers to again begin to tap the equity in their homes for cash.  This is the source of funds for many settlements that can be achieved with debtors, indemnitors and principals. The Journal cites...

Bankruptcy Filings Decline in 2015

Some good news for creditors: bankruptcy filings for the twelve month period ending September 30, 2015 declined nearly 11% compared to the year prior. Chapter 7 filings were down more than 14%.  We wondered if would-be Chapter 7 debtors sought relief under Chapter 13...