Stretto’s bankruptcy veterans offer expert thoughts on market dynamics, emerging trends, and legislation and other developments that impact fiduciaries and their businesses.
CNBC featured Stretto as a key data source in an investigation. Our bankruptcy analytics revealed a striking trend: while overall consumer bankruptcy filings rose 5.8% between 2023-2024, cases involving retail credit card debt surged 12%. This data from our software (which administers ~50% of Chapter 7 cases) shows retail credit cards becoming a disproportionate factor […]
If new tariffs pressure your balance sheet, remember—bankruptcy doesn’t mean failure. It can serve as a strategic reset. Jonathan Carson, co-CEO of Stretto and a member of the Forbes Business Council, explains on Forbes.com that the U.S. bankruptcy system provides a structured path to financial recovery. In uncertain times, he says, a fresh start might […]
According to Stretto co-President Scott Barna, bankruptcy isn’t the end—it’s a new beginning. “Once the bankruptcy process is complete, individuals can rebuild their credit score in a matter of only a few years by taking some important steps and actions,” Barna shared in an interview with Debt.org. His advice? Stay current on all bills, pay […]
In Legaltech News, Stretto President James Le and Levenfeld Pearlstein Attorney Kathryn C. Nadro explain that the true measure of an AI platform’s success lies in how well it aligns with a firm’s goals. With new technological advancements emerging almost every week, professionals have an incredible opportunity to continuously enhance their AI capabilities. This ongoing […]
