Daily Digest – May 13. Getting to Know Ashley Campanella of Arbeit; Credit Card Debt, Delinquency Rates Keep Falling

GETTING TO KNOW ASHLEY CAMPANELLA OF ARBEIT

  • Ashley Campanella is one of those people who are able to have a positive impact in every conversation or interaction, which is not something that most people are able to accomplish. That, coupled with her outlook and approach to her work and her ability to be relaxed outside of her comfort zone are reasons why she has moved up the ladder at Arbeit during her five years there. Read on to learn more about Ashley, and where to start looking for her if you ever lose track of her in an airport or a strange city. This series is sponsored by Applied Innovation.

CREDIT CARD DEBT, DELINQUENCY RATES KEEP FALLING

  • While the total amount of household debt continues its march upward, the amount of credit card debt had a huge decline during the first quarter of 2021, according to data released yesterday by the Federal Reserve Bank of New York, and coincides with a published media report that discusses how credit card issuers are more than a little worried about how many of their customers are paying off their unpaid balances.

HOW HUNSTEIN AND TAX CODE CHANGES ARE IMPACTING M&A MARKET

  • Even the Hunstein ruling out of the Eleventh Circuit Court of Appeals will likely not be able to dampen enthusiasm for investors and others that are interested in merger and acquisition activity in the accounts receivable management industry, noted Michael Lamm of Corporate Advisory Solutions in the latest episode of “ARM M&A Deal Talk.” In fact, changes that are likely coming to the tax code may make it more advantageous for owners looking to sell all or part of their businesses to do so now rather than later, Lamm said.

STATE COLLECTION WINS LOGO MADNESS TOURNAMENT

  • The accounts receivable management industry has voted and selected the logo it considers to be the best in the business. Congratulations to State Collection Service for winning the first annual AccountsRecovery.net Logo Madness tournament, which wrapped up yesterday. The tournament, which began with more than 40 companies submitting their logo, has been taking place on the AccountsRecovery.net Slack channel for the past two months.

WORTH NOTING: I actually saw pictures of people pumping gas into plastic bags. Why you never needed to panic … Ohio is going to give away $1 million to one lucky vaccinated resident … The identity of the woman behind Amazon’s Alexa has reportedly been revealed … The best office chairs if you are vertically challenged … Ways to slash your grocery bill and make shopping easier … There is a sauce shortage at Chick-fil-A … The world’s highest-paid athletes … A lot of people want to try something new this summer.

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