Commercial Debt Collections

Commercial Debt Collections

We handle collection actions for businesses. These are not actually “debt collections”- they are legal steps and procedures taken pursuant to a breach of a written or verbal agreement to pay a sum certain for a product or service (or failure to repay a loan).

When customers and clients who don’t pay bills are a problem, sometimes it takes an aggressive approach to let them know you are serious about being paid. Other times, it is a sensitive topic that requires tact and care, so that relationships are not disturbed and more business can be done in the future.

We handle these on a contingent fee basis (20% of amount collected). We’ll review the basis for the payment owed and develop the theory of the breach of payment and the proper approach to collect monies due.

We use best efforts to resolve outstanding receivables without litigation. Filing of lawsuits, when necessary, are on an hourly fee basis.

Your businesses can be located anywhere in the U.S. as long as the payor/customer/client/debtor is in New York State.

Contact us today to discuss the scope of our service and the monies and/or receivables owed to your company.

* If you are a business that has business debt and open payables of your own with which you are struggling, see the “Business Debt” and “Business Restructuring” pages of our website for help.

https://www.debt-solutions-attorney.com/commercial-debt-collections

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Negotiate & Settle Debts – Restructure Obligations

Business Debt

Negotiate & Settle Debts – Restructure Obligations

https://www.debt-solutions-attorney.com/

When we form businesses and make investments, we only see the good side and hope for positive outcomes. But we have all had business ventures go in the wrong direction and/or had investments not turn out as hoped. We came across bad information on which we relied, bad people we had not expected, bad economies we did not foresee, political events we could not control, and new technologies we did not anticipate.

Businesses run into trouble for many reasons. Lower revenues and higher than anticipated expenses are the biggest problems. Sometimes you fall behind on bills and payables and things begin to backup on the company. Other times, you may feel that money being sought is not owed by your company because the proper product or service was not provided.

​Once the issue is clarified, there are different ways to deal with such problems, from disputing claims, to trying to settle amounts due. We can help you to set the desired approach based on the circumstances of the debt(s) at issue, and also by looking at the overall picture of your company.

Sometimes, your business is not being paid timely by its own customers (open receivables), and that is causing your company’s debt or cash flow issues.

​When customers and clients who don’t pay bills are the problem, sometimes it takes an aggressive approach to let them know you are serious about being paid. Other times, it is a sensitive topic that requires tact and care, so that relationships are not disturbed and more business can be done in the future.

​Neil Siskind’s over 22 years of experience advising businesses in their operations can help you to define your issue(s) and take effective steps to solve problems with your late payables and collections against your business for monies you owe, or problems related to monies owed to your company (receivables).

​When it comes to help with your own debts and/or obligations, you want an attorney who has his or her own business experience, in addition to legal experience. Most attorneys have never operated manufacturing, real estate, sales, or other businesses and understand the importance of supply chains, shipping dates, product development, warehousing, factoring, distribution channels, counter-party relationships, technological advancements that alter streams of commerce, or even leasing large spaces for different divisions of a company. It’s not just about debt law- it’s about maintaining relationships, reputation, and profits. Dealing with your payables and debt while trying to maintain integrity and relationships is a delicate balance that requires skill- not just legal tactics. It takes someone who intimately understands industry, finance, and the economy- and not just law.

My services are designed for businesses that have valuable relationships, that value their reputations, and that want to keep operating, and that are affected by various areas of the economy and a variety of financial factors.

You need not wait until it’s too late. If you think you may begin to fall behind on future obligations, such as leases, loans, contracts, or payables, call today to devise a plan for reaching out to other parties to renegotiate terms before things become a problem.

​If you want the business experience and legal skills to handle debt and business challenges properly, I look forward to talking with you.

​Note: We also handle commercial debt collection actions for businesses (B2B). These are not actually “debt collections”; they are legal steps and procedures taken pursuant to a breach of a written or verbal agreement to pay a sum certain for a product or service. We handle these on a contingent fee basis. Contact us today to discuss monies and/or receivables owed to you.

Email us today at attorney@siskindlawfirm.com to learn about our flat and contingent $250.00 fee per-debt “debt help service” for New York businesses. You only pay if we achieve your goal.

WE BUY RECEIVABLES

WE BUY RECEIVABLES

​”Receivable Advance™” Program
“Rent Advance™” Program

Receivable Advance™

Our investor clients will purchase receivables/invoices that meet the following criteria:

​- Open invoice is for a service provided in New York or a product delivered to a New York resident

– Business Debt: If the receivable is due from a business (i.e. a product or service provided to a corporation or LLC for a business purpose), the company/debtor that owes the money must be in business for over 5 years

– Consumer Debt: If the receivable is due from a consumer (i.e. a service or product sold to an individual for household or personal use …. ex: home repairs, medical services), the person responsible to pay the bill or invoice (the receivable) must live outside New York City

Terms:
– Face value of receivable: $300.00-$4,000.00 *

– Receivable is less than 120 days past due

– Proof of the service provided or of the product delivered by your company that led to the invoice or bill is required

– Will pay approximately 50% of face value (final amount depends on circumstances, invoice age, and the payor/debtor profile)
– Approximately 10% is paid back to the debt seller upon full collection (less collection costs). Specific terms and conditions to be provided at time of purchase

* Will purchase a receivable in any amount, but will pay a maximum of $2,000.00 for any receivable.

Will not purchase receivables for construction/contracting work

​Businesses with receivables for sale may be located anywhere in the U.S. provided that the payor/debtor is in New York State.

Rent Advance™

We will buy up to 3 months of future rent obligations due from your residential tenant at approximately 70% of amounts due (the final purchase price depends on length of tenancy, tenant profile, payment history). See the “Rent Advances” page of this website for the specifics of our “Rent Advance™” program.

Judgments: We will consider buying judgments on a case by case basis following an evaluation of the circumstances and of the judgment debtor.

If you need debt collection services instead of selling your receivable outright, see the “Commercial Debt Collection” page on this website.

​Call or email today to discuss the receivable(s) you’d like to sell.

Tel: 646.530.0006

Email: attorney@siskindlawfirm.com

Debt Settlement: How Bad Does Your Debt Need To Get?

To use debt settlement or debt management services, you need to be in default, and in significant default, to get debt help; and even then, you can read online how effective (or ineffective) these programs are. Debt settlement companies need leverage- in the form of your financial pain- to negotiate with credit card companies on your behalf.

Debt Solutions from The Siskind Law Firm wants to help you as soon as you are behind- or before you get behind on obligations. I don’t want you to ever get into significant default.

Debt settlement programs are generic programs managed by people with no financial or legal backgrounds who are hired to send letters to credit card companies saying that you can’t pay. These companies do not or should not be handling real negotiations- such as with lenders, landlords, hospitals, or any other creditors. For that, you should use an experienced business attorney (or a CPA).

Unless you are planning and qualify to file for bankruptcy, settling debts faster is better than defaulting further, on purpose. Either way, you have to make payments on the debt at settled amounts at some point. Plus with legal help, you may find that a debt is invalid or proper procedures have not been followed by creditors.

Debt settlement programs are only for credit card debt, in my opinion, and they’re only if you don’t plan to file bankruptcy. In all other cases, if you don’t plan to file or qualify for bankruptcy, you need a professional negotiator and a professional approach to debt- not a way to dig yourself deeper into it.

 

https://www.debt-solutions-attorney.com/debt-solutions-service

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 8 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

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Business Receivables: The Longer You’re Owed Money, The Less Likely You Are To Get It- By NEIL S. SISKIND

It can sometimes feel like giving someone more time to pay invoices, debts, or recievables, will offer them a better likelihood of accumulating the funds and paying the monies due.

Probably not true.

The more time you wait for your money, the more likely that it’s going to another creditor, or that your debtor goes out of business or files for bankruptcy, or that the lack of discipline your putting on your debtor is causing that debtor to put you off, because he or she can.

The more a debt ages, the less likely you are to get paid. Meanwhile, you may, in turn, owe money to someone on which interest, and ill-will and reputational damage, accumulates.

When you let receivables continue to accumulate or grow, it’s your own lack of discipline and good stewardship that is to blame for hits to cash flow and margins. You’re trying to be nice to the customer or client, perhaps, but you’re not being nice to your company, or to your employees, or to your vendors, or to your lenders, or to your credit. You’re putting everything at risk.

Finally, after time, there is no other way other than through aggressiveness and a lawsuit to try to get paid. And then you’ve gained nothing, and lost plenty- including any profit margin on the transaction, and any remnants of the relationship with the debtor.

If your owed money- get paid. There are proper ways to handle it based on the particular circumstances, and with the proper help.

https://www.debt-solutions-attorney.com/commercial-debt-collections

 

 

 

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 8 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

The Phillips Curve: Powell Said Nothing New- by NEIL SISKIND

The suggestions that Chairman Powell said something earthshaking before Congress this week when he conceded that the Phillips curve may have become irrelevant, are way overdone. Powell has made many such references in the past. Here’s a quote out of the Chairman from an FOMC meeting press conference last December. Powell has been suggesting the death of the Phillips curve for some time.

Powell- December, 2018-

“I do expect … wage increases will continue, and that will be a welcome development. Wage increases do not need to be inflationary. There are examples in the late 1990s … we had wage increases above productivity plus inflation, we did not have high inflation. So it would be welcome … I would expect wages will keep moving up. It doesn’t necessarily mean inflation … we don’t think about it that way.”

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 8 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

Medical Debt Counsel

Medical Debt

Medical debts can arise due to a visit to a doctor or dentist’s office, or, more often, from a visit to a hospital or emergency room. Either way, it’s frustrating because we all have medical needs, and this has now become a major cost that you can’t afford to pay. While no one can make the payment that has come due disappear, maybe something can be done to make it less, and to get more time to pay it off.

Let us try to make your life a little easier, if possible

http://www.debt-solutions-attorney.com/

Debt Resolution – Flat, Contingent Fee – $250.00

Debt Resolution – Flat, Contingent Fee – $250.00

Only pay if you get the resolution you want.

We recognize the financial burdens and the impractical legal costs for certain individuals in retaining an attorney to help deal with creditors and debt collectors. But, having an attorney on your side to deal with a debt collection action or debt-related judgment levels the playing field by ensuring that the debt is legitimate, that debtors are not unduly or illegally harassed, that creditors follow proper legal procedures, and that debtors are protected from paying more money to creditors than necessary.

In the goal of helping New Yorkers, we offer a flat and contingent $250.00 fee to debt, where we:
– Respond to collector or attorney letters and phone calls
– Negotiate with creditors on your behalf
– Review facts of the alleged debt to ensure there was really a debt
– Uncover facts that may make the debt improper or not collectable
– Ensure that proper collection practices are being followed
– Attempt to settle the debt for a mutually agreeable amount
– Get a proper written settlement agreement, or a satisfaction of a judgment

The flat fee for our debt aid services is $250.00. There are no additional legal fees or charges (except for any overnight and certified mailings at clients’ requests). Services and fees are subject to a written agreement between this firm and the respective client.

We can try to help you if you have received:
– A collection letter
– A collection phone call
– Have a known debt
– Received notice of a judgment against you for a debt

We work with businesses, creditor’s attorneys, and collection agencies to settle claims for an amount that you, the client, determines is acceptable.

Due to the large volume of inquiries for this program, please allow up to 24 hours to receive a response.

Important: This service is not available to you if:  (i) Your bank account monies have been seized or levied; or (ii) you have already been served with a lawsuit (however, if the lawsuit has already been turned into a “judgment” we can assist); (iii) if you are not already 6 months behind and in default of a credit card debt. These companies will often only negotiate if you are in default already.

We can also help renegotiate a (non credit card related) debt before you go into default (for example, a debt or obligation on a business matter you are trying to restructure before it gets too late).
**Services provided and terms of services are subject to a service engagement letter agreement between this law firm and the specific client.

Email us today at nsiskind@siskindlawfirm.com to learn about our flat and contingent $250.00 fee “Debt Aid”services for New Yorkers.

The 2019 “Holding Our Breath” Economy- By Neil Siskind

Business and investment decisions throughout 2019 have been, and continue to be, hindered, halted, and held-off, as companies and investors are chronically holding our collective breath, awaiting the outcome of one political, legal, and economic issue after the next, with each such event providing an excuse to exercise caution with capital.

While trade policy uncertainty between the U.S. and China has been, and remains as the main disincentive to businesses deploying capital, and the primary culprit of investors’ lack of visibility into future earnings, plenty of other issues, from the Fed’s changing positions, to Trump’s legal problems, to an unexpectedly tight labor market, have been disruptive to business certainty and the making of long-term commitments, and to investor clarity and confidence.

Here’s a list of issues and events that have defined and continue to define the 2019 “holding our breath” economy:

  • Holding our breath as we’re waiting to see if there will be a U.S.-China trade deal, or, instead, if there will be more tariffs and more agitation of the U.S.-China relationship
  • Holding our breath as we’re waiting to see if there will be a Brexit deal
  • Holding our breath as we’re waiting to see if the Phillips curve still works
  • Holding our breath as we’re waiting to see if China’s stimuli helps it to re-inflate
  • Holding our breath as we’re waiting to see if China’s re-inflation will spillover to its surrounding Asian emerging markets
  • Holding our breath as we’re waiting to see if the Mueller report proves either collusion or obstruction
  • Holding our breath as we’re waiting to see if the late-cycle tax cuts prove to be a savior, or a budget-buster
  • Holding our breath as we’re waiting to see if significant capex occurs to stimulate the economy, and whether it will trickle down into rising wages and lead to a protracted economic expansion
  • Holding our breath as we’re waiting to see where the Fed determines the neutral rate to be
  • Holding our breath as we’re waiting to see whether disinflation and deflation are transitory
  • Holding our breath as we’re waiting to see if the yield curve inverts
  • Holding our breath as we’re waiting to see if a curve inversion is due to low rates on govies in external economies worldwide, thus, attracting capital to the U.S., or because of domestic growth concerns (i.e., is it different this time, or not?)
  • Holding our breath as we’re trying to determine if quantitative easing is still causing yields to be artificially low, or if quantitative tightening has pushed them artificially high, such that the 10-yr. Treasury yield would have sunk lower, sooner, without quantitative tightening helping to fight-off an earlier inversion
  • Holding our breath as we’re waiting to see if Chairman Powell is feeling hawkish or dovish at any given FOMC meeting
  • Holding our breath as we’re waiting to see if Chairman Powell will capitulate to President Trump’s attempts to goad him into cutting the Fed’s target federal funds rate- or if he will do the opposite, to prove the Fed’s independence
  • Holding our breath as we’re waiting to hear and see what Mario Draghi will say and do next
  • Holding our breath as we’re waiting to see if the USMCA is ratified
  • Holding our breath as we’re waiting to see if there will be tariffs on products imported from Mexico
  • Holding our breath as we’re waiting to see if there will be more divergence, or, instead, convergence
  • Holding our breath as we’re waiting to see if convergence will be through world economies strengthening- or by our economy getting weaker
  • Holding our breath as we’re waiting to see if the dollar will weaken
  • Holding our breath as we’re waiting to see if the stock market is right to rise, or Treasury yields are right to sink- which has it right?
  • And, finally, holding our breath waiting for the next Trump tweet to be teed-up and tweeted-out, with the potential to send our respective industries or stock investments into a tailspin
  • Oh- and my favorite one: Holding our breath as we’re waiting to see if investment grade and (supposed to be) high yield corporate bonds with concernedly-narrow spreads, and leveraged loans, and CLOs, and shadow banking loans (which encompass many loan types and structures), are safe and sound credit investments- or if lower for longer interest rates and negative yields around the world are traps for irrational yield-hunting in the U.S., causing credit and debt bubbles and capital misallocations that will destabilize the U.S. economy due to rampant panic selling, and/or a liquidity crunch, and/or obligor defaults, upon a slowdown of growth

 

Warning: Studies show that chronic breath-holding can have negative effects on a person’s physical functionality- in addition to causing potentially deleterious effects to his or her long-term mental capacity.

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About the Writer

Neil Siskind is: President of The Siskind Law Firm, focused on product investments, trademark licensing, product distribution, and real estate; Founder & Chairman of The Fatherhood Assignment™, a think tank and advocate for children with absentee fathers; Founder of the global charity marketing initiative, Caring is Free®; Founder of National Fatherhood Day™; Owner & Conservator of The Neil S. Siskind Nature Preserve, over 9 acres of conserved waterfront land along New York’s majestic Hudson River; and author of The Complete Guide To The Ways To Manufacture & Sell Your Products. On December 11, 2017, in his article The Yield Curve Speaketh: Why Stocks Might Crash in Early 2018, Neil Siskind accurately predicted the February, 2018 stock crash, the largest single-day point drop in the Dow Jones Industrial Average’s history. All the stock indices are down approximately 6% for 2018. In his September 26, 2018 article, Lots of “Bull” In The Bull Market: Let’s Look At What’s “Really” Growing, Neil Siskind explained that, despite Wall Street’s bullishness, the economic data and stock market underpinnings were in decline, and the economy and stocks were at imminent risk. By the closing of markets on October 23, 2018, the S&P 500 had fallen approximately 7%, with October being the S&P’s worst month since August 2015 (and December being the S&P’s worst month ever), the Nasdaq continues to have its worst month since 2016, and is down approximately 8% from article publication, and the DJIA is having its worst monthly performance since 2008. In 2018, Neil Siskind coined the phrase “synchronized global slowth™” (or “synchronous slowth™”) to describe the occurrence or condition of multiple emerging market and developed market economies commencing a downward trajectory of economic and GDP growth, or actually contracting to a point of slow, stagnant, or negative economic and GDP growth, at simultaneous, or nearly simultaneous times, largely, or, at least in part, due to rising interest rates and/or stricter lending regulations (such as higher bank reserve requirement ratios and stricter bank balance sheet requirements) in the larger, more developed or fully developed economies, such as the United States and China, resulting in diminished liquidity in those economies, and, thus, diminished liquidity in smaller, or emerging economies, in turn. If you are in need of office space in South Florida, contact Neil Siskind about space availability at The Siskind Executive Office Complex in Boca Raton, FL.

Other Recent Articles by Neil S. Siskind:

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 8 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

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To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

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