How Retail Credit Cards Could Bankrupt Consumers With Record High Interest Rates

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 […]

U.S. Tariffs And Bankruptcy Rates: What Business Leaders Should Know

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 […]

What Happens After Filing For Bankruptcy?

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 […]

Best Practices To Get The Most Out Of AI

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 […]

Student Loan Collections Are Poised To Test Bankruptcy Options

For two years, a government process has existed to help student loan borrowers shed their debt in bankruptcy. Yet, despite 2022 guidance aiming to lower the “undue hardship” hurdle that often blocks bankruptcy discharge, many still believe it’s impossible, says Stretto co-President Scott Barna. As interviewed in Bloomberg Law.

U.S. To Collect On Defaulted Student Loans — Can Your Wages Be Garnished?

With litigation swirling around the Biden administration’s Saving on a Valuable Education (SAVE) plan and proposed overhauls to repayment programs, student loan borrowers face a landscape of pure uncertainty right now, according to Igor Roitburg, Stretto Managing Director, as interviewed in GoBankingRates.

The Negative Impact Of Resumed Credit Reporting On Student Loan Borrowers

Stretto’s Igor Roitburg and Experian’s Vince Pileggi unpack crucial strategies for bankruptcy Attorneys in the Spring 2025 NACBA Consumer Bankruptcy Journal, helping clients navigate the post-pause payment storm. Find out how to leverage your expertise to minimize credit impact and facilitate effective student loan management.

What You Need To Know As A Stakeholder In Chapter 11 Bankruptcy

According to bankruptcy expert Jonathan Carson, co-CEO of Stretto and a member of the Forbes Business Council, navigating the complexities of a corporate bankruptcy requires a proactive approach. He explains key steps stakeholders can take to safeguard their investments and ensure they have a seat at the table during negotiations on Forbes.com.

Navigating Corporate Transparency Act Requirements as Trustees

TRUSTEE TALK: According to Stretto Director Jeph Ledda and Telpner Peterson Attorney Nicole Hughes, until guidance from FinCEN is provided, bankruptcy Trustees would be well-served to take a careful approach in each case, considering the practices in recent cases that have been effective, and to stay attuned to any future updates from FinCEN in the […]

Bankruptcy Attorneys Can Help Borrowers Navigate SAVE Litigation Chaos

Stretto Senior Managing Director Igor Roitburg and Attorney Michael Lux explain that at a time when student loan confusion is at an all-time high, bankruptcy Attorneys now find themselves uniquely positioned to help their clients navigate a permanent resolution to student loan debts in the winter issue of NACBA’s Consumer Bankruptcy Journal.