by Jeff Folkersen | Mar 11, 2010 | Blog
A couple of months ago, I attended a presentation by a well known trial attorney. He opened the seminar by stating that he had never represented a Plaintiff/Creditor in a breach of contract action. Given the fact that the audience consisted of creditors’...
by Jeff Folkersen | Feb 22, 2010 | Blog
There is perhaps nothing more frustrating than when one of your customers files bankruptcy and avoids paying money that they owe your company. However, anyone that has dealt with a “preference action” knows that merely writing off a debt as uncollectible is not the...
by Jeff Folkersen | Feb 3, 2010 | Blog
There is nothing more frustrating that having one of your biggest customers file for bankruptcy, leaving your company holding a large unpaid debt, and then to be sued later for a “preference.” Clients often ask us: “I was not getting preferential...
by Jeff Folkersen | Jan 19, 2010 | Blog
A quick question for all creditors out there. How many of you require a signature from your customers upon receipt of delivered goods? Better yet, how many of you actually deliver the goods that have been sold? The more likely scenario is that delivery of your goods...
by Jeff Folkersen | Dec 2, 2009 | Blog
A recent article in the Pittsburgh Post-Gazette indicates that bankruptcies are once again on the rise. With the economy in a deep recession and unemployment hovering at over 10{b8480d79ca34fddc8c61049062a35f2f96119168ab2143cabb7a33f14832095d} with no end in sight,...
