Who Do You Trust?

By Terrence R. Heffernan, Esq. Delinquent loans obviously jeopardize the fiscal soundness of any creditor. Studies done by the Receivables Management Industry have demonstrated how the collectability of a past-due account decreases dramatically with the age of a delinquency. For example, one study determined that 61 days past due was the optimal time to place…

Important Ohio Banking Law Decisions from 2009

by Joseph D. DeGiorgio, Esq. Throughout the first nine months of 2009, Ohio courts issued several decisions with a significant impact on the laws governing banking operations and debt collection.  Courts in Ohio have decided cases involving issues such as what proof is required for a bank to recover pre-judgment interest, what party or parties may…

Collection Symposium Part 1

This is Sara Donnersbach’s part of a recent WWR Collection Symposium.  Is there such a thing as preventing a charge-off and identifying a defaulting account before non-payment? What options do you have to collect when payments stop? Is debt reform really a fix? This seminar covers basic collection and probate recovery and provides information on…