The “big” win: In a decision that helps balance Subchapter V’s pro-debtor provisions, the U.S. Court of Appeals for the Fifth Circuit recently held that the Bankruptcy Code’s exceptions to discharge apply to a corporate Subchapter V debtor with a…
Time to revisit the fable of Henny Penny? This tale of fear mongering is better known in the US as the story of Chicken Little. A quick review of the plot may be in order as we examine the prospects…
There is always something happening in the economy guaranteed to make a fool of economists. After all, the only function of economic forecasting is to make astrology look respectable. Most of last year the predictions were some version of gloom…
Are you interested? The interesting thing I am interested in talking about is … (drum roll) … interest. Particularly finance charges. In the construction industry, finance charges are a topic many walk carefully around, while others, like yours…
Q3 Real GDP estimates showed surprising growth of 4.9%, largely on the back of stable consumer spending, strong nonresidential construction, some mild inventory building activity, and government spending. Forecasts for next year show a weaker Q1 and Q2 potentially. Manufacturing…
All of us start our careers as a new professional with little-to-no experience, hungry for educationand excited for what lies ahead. Mentorship is the bedrock of professional growth and developmentin the modern workplace. It is the bridge between experience and…
A few years I snuck into another trade group that was not affiliated with NACM. Shhh, I’m not cheating on NACM. Our marriage is still safe. I’ve been in many other groups over the years, like the Association of Credit…
Associations, like the National Association of Credit Management (NACM), play a pivotal role in fostering professional development by serving as hubs for networking, knowledge exchange, and collectivegrowth. In the modern landscape, the role of association members has evolved significantly. Activeinvolvement,…
One of my favorite things about being in credit … other than the fact I’m not in sales … is weapons. Yeah, weapons. No, not the Second Amendment stuff, but weapons that help me do my job. I was thinking…
There has been a lot of ferment in the oil and gas sector of late. That was before the outbreak of open war between Israel and the extreme militants in Hamas. Within hours the per barrel price soared by over…
