2 min read
Importance of Writing Effective UCC Collateral Descriptions
Avoid Being Too Specific or Too Vague in UCC Descriptions of Collateral The Case: IN RE PROVIDERX OF GRAPEVINE, LLC – BANKR. COURT, ND TEXAS, 2013.
Bankruptcy (2)
4 min read
Bankruptcy Proof of Claim Is Late
“Judge, My Bankruptcy Proof of Claim is Late, But I Have a Good Reason!” And What’s the Reason? “Um, I Forgot My Password.” We’ve discussed...
2 min read
Bankruptcy Proof of Claim: What if It’s Late?
What Happens to Your Claim if Your Bankruptcy Proof of Claim is Late? Bankruptcy proofs of claim are your key to ensuring the Trustee is aware of...
4 min read
UCC Filings Work, Here’s a $95,000 True Story
Yes, UCC Filings Work, and Here’s a $95,000 True Story With a properly perfected security interest (aka UCC filing), you can recover funds (or...
5 min read
Survey: Securitization on A/R During the Pandemic
Credit Research Foundation Survey: The Use & Impact of Securitization on A/R During the Pandemic Originally published in The Credit Research...
2 min read
Loves Furniture Bankruptcy & Mechanic’s Liens
Loves Furniture, Taking Mechanic’s Liens to the Mattresses In January 2021, Loves Furniture, Inc. (Loves) filed for Chapter 11 bankruptcy protection....
2 min read
Malls and Tickle-Up Effects of Retail Bankruptcies
Shopping Malls Suffering From Bankruptcies OK, so “trickle-up effect” may not be a thing, but retail bankruptcies are on the rise and the impacts...
1 min read
Out of Shape? The ’24 Hour Fitness’ Financial Failure
Out of Shape? The ’24 Hour Fitness’ Financial Failure In June, 24 Hour Fitness, a national gym chain, filed for Chapter 11 bankruptcy protection;...
3 min read
Your Credit-Granting Processes & COVID-19
The Impact of COVID-19 on Your Credit-Granting Processes We recently asked our clients whether the COVID-19 pandemic is impacting their...
4 min read
Your Credit Management Arsenal & COVID-19
COVID-19 and Your Credit Management Arsenal If you extend credit, you are vulnerable to risk — whether furnishing to a single construction project or...