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Commercial Receivables

A commercial receivable arises when a business – from as small as a sole proprietorship to as large as a multi-national corporation – takes out a loan. If the loan goes into default, the commercial debt collection process begins.

Commercial and business loans come from a variety of sources and can be secured and unsecured, depending on the purpose of the loan. There are also several government agencies – like the Small Business Administration – that back or guarantee certain types of loans.

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Robert Bernstein Named President Of The Commercial Law League of America

The Commercial Law League of America (CLLA) is pleased to announce that Robert S. Bernstein, of Bernstein-Burkley, P.C., in Pittsburgh, PA, will serve as its 2015-2016 Board of Governors president. This makes Bernstein the only two-term president other than the group’s founder, William Sprague, in 1896. Since joining the CLLA in 1975, Bernstein has held […]


Collection Industry Gets Some Positive Attention in Media this Week

The ARM industry is used to bad news and negative media attention. But this week, there were a couple articles run in prominent media that cast the industry in a positive light. The first was a nice local profile of a collection agency and the second featured a defense of private collectors on the Department of Education’s student loan collection contract.


Altus Adds Trade Data Reporting to Suite of Services

Altus Global Trade Solutions (Altus GTS), a full service accounts receivable management agency, has launched its new Trade Data Reporting service. Clients can now report their customers’ payment activity to the three major commercial credit bureaus, Dun & Bradstreet, Experian and Equifax, through Altus’ easy-to-use online portal. This valuable service is offered at no charge to Altus clients.