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May 9, 2022
We’ve discussed bankruptcy proofs of claim before and the importance of filing them timely (i.e., don’t miss the bar date!). And when this case crossed my desk, I couldn’t help …
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January 3, 2022
Bankruptcy proofs of claim are your key to ensuring the Trustee is aware of funds owed to you by the bankrupt party. And, just like filing UCCs or mechanic’s liens, …
July 6, 2020
We recently asked our clients whether the COVID-19 pandemic is impacting their credit-granting processes. While I expected to see an increase in collection efforts and more stringent credit-granting processes, I …
June 15, 2020
It’s “officially” unofficial, we are in another recession. Think back to 2008 and you’re sure to remember the painful increase in debtor defaults and bankruptcies; virtually no creditor’s AR escaped …
June 3, 2019
The more you understand about bankruptcy and the bankruptcy process, the greater chance of preserving your rights as a secured creditor and ultimately receiving payment. A secured creditor has a …
August 11, 2017
We’ve discussed bankruptcy proof of claims before, but today we are reminded just how vital accuracy is when filing a proof of claim. In Delaware Court Shuts Down Creditor’s ‘Unreasonable’ …
March 22, 2017
3-in-3 is a 3 question, 3 minute interview with an NCS colleague. Today’s 3-in-3 features Danielle Moon of our Collection Services Group. Read on to learn more about the ABCs …
March 13, 2017
The restaurant, beverage and hospitality industries are massive. The National Restaurant Association projected the commercial restaurant services sales would reach $783 billion by the end of 2016, which is about …
March 6, 2017
In a recent court decision, one creditor’s security interest was eliminated because they spelled the individual debtor’s name correctly. Yes, I said “correctly.” Because, in this case, “correctly” and …
September 27, 2016
Today’s contribution is authored by Ms. Katherine Earley, NCS Marketing Intern Maybe you heard it from a colleague, maybe you were notified by your customer’s bank, maybe you saw it …
July 19, 2016
Today’s topic was suggested by colleagues in our Collection Services Group. Because you are a credit professional, it is important you familiarize yourself with a few of the bankruptcy claims …
June 10, 2016
It’s an unfortunate part of doing business: customer bankruptcy. As you already know, we strongly encourage you to take steps to ensure you are a secured creditor. Properly executed UCC …
Education Center
Education Center
