I Am Altering The Deal. Pray I Don’t Alter It Any Further
We represent a commercial leasing company, Trident Leasing, here in Gotham, that leases machine equipment to manufacturers. We have an Engagement Agreement, which sets forth a very simple one-third contingent fee agreement. If we collected $30.00, we would keep...
Debt Collection and Artificial Intelligence: Help or Hindrance
Artificial intelligence (AI) continues to impact many business sectors, including debt collection. The average financial burden per U.S. household averages a little over $100,000 per household which includes mortgages, car loans, student loans and credit cards. One in...
Primer for Collection Attorneys: What To Tell Your Clients When Bankruptcy Happens
Are you a collection attorney who has hit a wall in your efforts because the defendant debtor has filed a bankruptcy to foil your client’s collection efforts? For a small business owner, collecting on outstanding accounts can be a very distressing situation, an...
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