You can also click here to see it!
BRENTWOOD, Tenn. -Along with an inkling about what its auto lending prospects might be, initial findings from the 2015 Growth Strategy Survey orchestrated by Bank Director showed the traditional banking industry may find itself unable to attract what orchestrators called a “decidedly untraditional digital generation.” Read More…
For bankruptcy practitioners, it’s hard to believe that it’s been 10 years since the Bankruptcy Abuse and Consumer Protection Act (BAPCPA) went into full effect in October 2005. Read more…
The number of new bankruptcy filings made last month was up minimally on a month-over-month basis, though activity slowed from a year earlier.
Businesses and consumers made 69,723 bankruptcy filings during June. Activity crept up from the previous month, when there were 69,286 fillings.
But despite the modest deterioration, U.S. Bankruptcy Courts were hit with fewer filings than in June 2014, when the total was 73,855. Read More
Everybody is back from a great show in San Francisco, CA. NADA (National Auto Dealers Association) 2015 was fantastic and it was great to see so many of our valued clients in one place. Thanks to everyone that made this year’s NADA 2015 one of the best yet!
Don’t forget that NADA is moving the convention date in 2016, breaking from the traditional January/February timeframe. The 2016 NADA Convention will be held in Las Vegas, Nevada from March 31 – April 3rd. Hope to see you there!
This year’s keynote speakers include Jeb Bush and Jay Leno! For a complete listing of speakers click here.
Excellent workshops such as, “Exceptional Experience that Win Digital Buyers” and “NexGen Dealers Leading the Future Their Way Today” are only a few of the exciting and trending topics that will be discussed.
We’ll have the latest information on BK trends and you can review our data card by clicking below! Hope to see you there!
Today the U.S. Postal Service filed a request with the PRC (Postal Regulatory Commission) for a rate adjustment (1.966%) based on the CPI (Consumer Price Index). The request for increase applies to only “market-dominant products”, which includes Standard Mail, the primary postage used for marketing through the USPS.
The USPS has requested that the increase take effect on April 26 and estimates that it will generate an additional $900 million on an annualized basis. The USPS estimates that an additional $400 million will be contributed to the fiscal year 2015, if the PRC agrees to meet the proposed implementation date.
The case also includes a separate pricing structure for Standard Mail run through the Flats Sequencing System. The request removes FSS pricing for carrier route, high density, or high density plus categories. Instead, a five-digit carrier route pallet rate will be created. An estimated 2.465% rate increase is predicted for Standard Flats.
Forever stamps will remain unchanged (49 cents), International letters will increase to $1.20 (a 5 cent increase), and postcard rates increase to 35 cents (a 1 cent rate hike).
We will keep you abreast of the outcome of this filing as it becomes available.
2014 Bankruptcy Highlights
- Total BK Filings down 12% in 2014
- Less than 1 million BK Filings – first time in 7 years
- Non Commercial Filings total 875,635, down 11%
- 2013 average nationwide per capital BK Filing rate was 3.33. In 2014, it dropped to 2.93
Stats taken from article provided by Subprime Auto Finance news. Click here to read it in its entirety