The Equipment Leasing Recovery Bankruptcy Program (ELRBP) of Weltman, Weinberg & Reis Co., L.P.A. (WWR) works hand-in-hand with WWR's National Collateral Recovery Program to provide comprehensive bankruptcy representation for your entire lease portfolio. The first step of our approach involves communicating with debtors’ counsel to determine if the lease will be assumed or rejected. If the lease is assumed, we will prepare the necessary court pleadings. If the lease is rejected, we will determine the fair market value of the equipment, coordinate recovery and facilitate the liquidation of the equipment.
WWR has been representing the rights of creditors for over 75 years. We understand the intricacies involved with the collection and litigation of all types of equipment leasing
recovery matters. We are committed to helping you resolve these matters while always maintaining the highest degree of professionalism.
Services include, but are not limited to, the following areas:
• Preparing and Filing a Proof of Claim
• Communication with Debtor’s Counsel
• Motions to Assume/Reject Lease Agreements
• Valuation of Equipment
• Coordinating Equipment Recovery
• Facilitating Equipment Liquidation
• Review of Chapter 11 & 13 Plans
• Defense of Claim Objections
• Monitoring Lease Payments
Experience and Expertise
The attorneys who manage the ELRBP have many years of experience in representing the rights of commercial leasing companies and handling collection and legal matters.
Regional Coverage—Local Service
WWR maintains nine offices with more than 1,000 employees including over 100 attorneys dedicated to providing legal representation throughout Illinois, Indiana, Kentucky, Michigan, New Jersey, Ohio and Pennsylvania. Our collection services are nationwide and include an established national network of experienced attorneys for issues outside of our footprint states. We work with local counsel in other states to ensure all cases are handled and reported effectively, providing you the same level of service and accountability in every state. Our infrastructure allows us to provide local service to you and direct representation in courts where we are needed.
Reputation and Results
By regularly appearing in various courts, we know the intimate court requirements in the jurisdictions within which we practice. We have developed relationships with many Court personnel who have confidence in our firm’s proven track record in handling
matters in a timely and professional manner.
Large for Resources, Small for Intimacy
The ELRBP is dedicated solely to the representation of all sizes and types of commercial leasing companies. Using our services will provide you with the resources of a large, national law firm and yet the accessibility of a local one. We believe in personal attention and are always accessible via phone and e-mail to respond to questions and provide updates. We will travel where we are needed for meetings, educational seminars or any other programs for our clients.
Reporting and Communication
WWR utilizes the Internet for e-mail and document transmissions in addition to traditional methods of communication. We also offer eClientNet, our online account access feature that is web-based, password-protected and accessible 24 hours a day. eClientNet allows you to view account specific information, account history and recent activity.
Program Benefits
The ELRBP of WWR offers several benefits to your organization:
• Contingency fee arrangements are available on small ticket items
• Low hourly fees can be arranged for larger ticket items
• We will positively impact bottom line recoveries
• Full-service representation allows you the convenience of working with one firm
