If you are here reading this blog article then you’ve likely taken your bank through some unprecedented times. Thankfully, for most lenders, you were in a decent place in terms of capital levels when the pandemic occurred. However, there are many new considerations as a result of these difficult times to help guide how things proceed.
It has felt like a trial of sorts over the past 3 months of our lives. A trial to see how well we come together over the hurdle of a microscopic problem. This hurdle in comparison would put Mount Olympus to shame. We were asked to abandon our everyday lives and adapt to a new way of life.
The time for transitioning from the London Interbank Offered Rate (LIBOR) is quickly approaching with the looming May 2021 deadline and there are things for your lending group to consider in the meantime.
ANY CRISIS results in a financial impact on the business & affects the company’s financial health. Ensure you have pieces in place to mitigate any loss. Contingency planning is crucial.
Find out what the real difference between judgments and judgment liens are. It’s important to know two of the most commonly misinterpreted search terms.
A tax lien is the public notice of a legal claim by a government agency against assets or property to secure the payment of outstanding taxes.