The principal Attorneys for Seidberg Law, Ken and Dave Seidberg, are attending the 2019 NAF Association Conference in Plano Texas.  This is the fourth time Seidberg Law has attended and participated in a NAF Association Conference.

Seidberg Law is a dedicated collection...

The last item in our Recovering “bad debt” series dealt with engaging your own “IN HOUSE” collections department.

Now the issue for a serious auto finance company is understanding the value of outsourcing “bad debt” recovery and the key considerations affecting the sele...

Despite reasonable efforts to KEEP the customer paying, accounts will nevertheless default, be “charged off” and become your “bad debt”.  Attempting to collect some of that “bad debt” “In house” should be your first consideration.  Here are some basics that need to be...

Every Auto Finance Company has “bad debt” [losses after recovery of security].  In truth a significant sector of the industry (subprime lending) is experiencing resurging defaults [8-9%] [https://www.bloomberg.com/news/articles/2017-07-17/new-u-s-subprime-boom-same-old...

In the previous edition of this series, the importance of “keeping” the customer relationship positive and paying was noted as one of THREE Keys to success in auto finance.

While this series is designed to address the THIRD Key to success; namely, “Recovery” and recover...