Navigating First-Party Commercial Collections

In the complex world of alternative financing and leasing, achieving excellence in commercial collections presents a significant challenge. This exploration delves into the essence of first-party collection services, the frustrations associated with internal teams,...

Bigger is Not Necessarily Better

April 27, 2023 – Jonathon D. Nelson, General Counsel for Dedicated Financial GBC Debt collectors are in the news again. According to the Consumer Financial Protection Bureau (CFPB), they recently settled claims with one of the largest debt collectors in the nation....

Repo Horror Stories

March 31st, 2023 – Jonathon D. Nelson, General Counsel for Dedicated Financial GBC When a commercial borrower seeks equipment financing, the lender will require that the borrower pledge collateral to secure the lender’s right to receive payment. Security interests and...

Junk Lawsuits Lead to Garbage Results

January 25, 2023 – Jonathon D. Nelson, General Counsel for Dedicated Financial GBC The Consumer Financial Protection Bureau (CFPB) recently announced a settlement with a law firm accused of filing junk lawsuits. The NY-based law firm allegedly filed lawsuits with...