Key Themes in Today’s Economy

Written by NACM National Today’s economy is riddled with unknowns, and that is not an ideal situation for the credit professional. Will the Fed be able to tame the inflation beast, or is it here to stay? Are job openings going to be filled, or will we need to find alternatives? And when on earth […]

How the War in Ukraine Could Increase the Risk of Cyberattacks

Written by NACM National Cybercrimes have wreaked havoc on businesses since before the invention of the computer, so the risk is nothing new. However, Russia’s invasion of Ukraine has brought the fear of cyberattacks to the forefront in recent weeks. “We need to be prepared for the potential of foreign influence operations to negatively impact […]

New Certifications – March

Congratulations to these members on their new CBA & CBF designations. Are you interested in education and getting a designation? Check out this guide on the certification program. If you have any questions contact Shawna Kelly. CBA:Jenni Murray, CBA – Frontier Building SupplyJill Lott, CBA – Graybar Electric Company, Inc.Lia Feldinger, CBA – Canfor Wood […]

Chapter 11 Under Fire: U.S. Congress Seeks to End Forum Shopping

Written By: David H. Conaway, Shumaker, Loop & Kendrick, LLPRepublished with Permission Since its beginning in 1978, Chapter 11 has been the primary tool for financially distressed U.S. and foreign companies to efficiently restructure their balance sheets and business operations. Successful Chapter 11 cases have allowed prominent financially distressed companies to reorganize or pursue going […]

What’s the Value of a Professional Designation?

Written By: Rod Wheeland, CCE What’s the value of a professional designation? The NACM program has several designations – CBA, CBF, and CCE – which are broadly recognized in the financial world as indications of professional excellence and contemporary knowledge of credit operation strategies and trends for the future. These designations are based on a […]

A Tribute to Carl L. Garner

NACM is saddened to share that Carl L. Garner, former President/CEO of San Diego Credit Association (NACM San Diego), has passed away at the age of 85. Carl led the affiliate from 1972 through his retirement in 2001 enjoying great success including his practice of administering General Assignments for the Benefit of Creditors and directing […]

New Certifications

Congratulations to these members on their new CBA designations. Are you interested in education and getting a designation? Check out this guide on the certification program. If you have any questions contact Shawna Kelly. CBA:Danny Yang, CBA – Adobe Systems IncorporatedStacie Weseman, CBA – Helena Agri-Enterprises LLC – Southern CA/Desert DivisionFaviola Padilla, CBA – Ferguson […]

Owner’s/GC’s Options Re a Bogus Lien

Written by:William (Bill) G. Fig, Partner, Sussman Shank LLP When a lien is recorded against the real property upon which an improvement is being constructed, it usually results in an unhappy lender and property owner and, likely, a stern call from the property owner to the general contractor working on the subject project. The lender […]