Congratulations to Our Newest Designation Holders
Congratulations to our newest designation recipients From the November 4th Exam. 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. Certified Business Associate (CBA) Christine Tyler Perry, CBA – Premier Nutrition Corp Shilo Stevens, CBA – Keen Inc Kathy […]
Construction Project Knowledge Helps Creditors Get Paid
Knowledge is of the highest priority in construction credit. Gathering information, knowing where a creditor stands within the project’s supply chain and how to get paid are only some of the important aspects of having a successful relationship with customers, a customer’s customer and so on. The information needed depends on a number of factors, […]
NACM Commercial Services Foundation – Money for Scholarships
The foundation has had an amazing year fund-raising for scholarships. In September we had the 2019 NACM Commercial Services Golf scramble held at the beautiful Coeur d’ Alene Resort Golf Course in Idaho. At this event between raffles, baskets, sponsors we were able to raise $3528 for scholarships. This is a yearly event so look […]
Decision Fatigue: Combatting the Overwhelming Nature of Choices
People make a total of about 35,000 decisions—in a single day. The process of decision-making has become a more natural, passive activity over time, with decisions like what socks to wear and how long to microwave leftovers barely fazing people as decisions. Decisions with grander consequences weigh more on individuals, from what car best fits […]
2019 Golf Scramble
Thank you to everyone who attended, sponsored and donated to the Golf Scramble.
2019 Western Credit & CFDD National Slideshow
Thank you to everyone who attended the conference. This year was amazing and we hope you all join us in 2020 in San Diego. A special thank you to the following for helping us put together some amazing raffle baskets. Columbia Sportswear Mark Teeter, CCE, CICP Brett Hanft, CBA John Hardy Pendleton Woolen Mills Keen […]
Oregon Economic Forecast
From Cindy Robert at Rainmakers Government Strategies Yesterday the Office of Economic Analysis presented its second economic and revenue forecasts of the 2019-2021 biennium. The general outlook is that there has not been any significant changes since the previous forecast for the State of Oregon but at the US level there is still a fear of recession. A […]
Official Committees of Unsecured Creditors: Why You Should (Or Should Not) Serve
Written By: Jason B. Binford, Partner, Foley & Lardner LLP Over the course of the credit manager’s career, they will likely have opportunities to serve as a member of an official committee of unsecured creditors in a bankruptcy case. Any creditor representative presented with such an opportunity should carefully weigh the pros and cons. Committees […]
Did You Know – Bankruptcy Checklist
Did you know we have more resources like this on our website under our Credit Resources? We are always finding new things to add to this page including this Bankruptcy Checklist that was just updated and added with help from Rod Wheeland, CCE and NACM CS.
Secured Claims vs. Unsecured Claims – What is the Difference and Why Does it Matter in Bankruptcy
Written By: Leah Eisenberg, of counsel, Foley & Lardner LLP Loans and other debts generally fall under two categories: unsecured debt and secured debt. As will be discussed below, there is a significant divide when it comes to the treatment of a secured creditor versus an unsecured creditor in a bankruptcy proceeding. Unsecured debt has […]