Experian reports that both consumer and commercial bankruptcies declined steadily in 2011, and have dropped dramatically since their peak rates in 2009 and 2010 respectively. For those in the collection industry, this is confirmation of what most of us already suspected or knew, and it’s welcome news.
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...