shape
shape
shape
shape
shape
shape
to

Alerts

Alerts / 7 April 2020

COVID-19 Foreclosure Stays and Abandoned Properties

Can foreclosures proceed on abandoned properties notwithstanding the various foreclosure moratoria? We are raising this issue with the courts in an attempt to convince them to allow foreclosures to proceed on abandoned properties, as an exception to the moratorium.
Read More
Alerts / 2 April 2020

Illinois Governor Prohibits Repossessions During Disaster Proclamation

On March 28th, 2020, the Governor of Illinois issued Executed Order No. 2020-16 in response to the COVID-19 Disaster Proclamation. Executive Order 2020-16 deems the repossession of vehicles contrary to the interest of preserving public health.
Read More
Alerts / 31 March 2020

Effects of the CARES Act on Bankruptcy Cases

On March 27th, 2020, President Donald J. Trump signed into law the Coronavirus Aid, Relief and Economic Security Act or the CARES Act. The Act contains several provisions that will impact current or future bankruptcy cases.
Read More
Alerts / 27 March 2020

House Bill 197 Addresses COVID-19, Provides Extensions, Creates Questions

In the midst of the COVID-19 pandemic, Ohio's state government took numerous steps to prevent the spread of the disease, preserve human life, and promote public order. Of particular interest to creditors is Ohio House Bill 197, section 22.
Read More
Alerts / 27 March 2020

The Federal CARES Act as it Relates to Mortgage Servicing

On Friday afternoon, March 27th, H.R. 748, the CARES Act, was passed by the U.S. House of Representatives. The Act provides emergency assistance and health care response for individuals, families, and businesses affected by the COVID-19 pandemic. Title IV of the 880-page work pertains to mortgage servicing.
Read More
Alerts / 26 March 2020

COVID-19 Business Continuity Plans Update

Weltman has initiated our Business Continuity Plans (BCP) as a result of the impacts and mandates associated with the COVID-19 virus outbreak.
Read More
Alerts / 23 March 2020

Forbearance Agreements: Best Practices for Creditors

The COVID-19 pandemic has brought forbearance agreement requests to the top of the creditor's agenda. Now is the time to familiarize oneself with forbearance agreements and best practices in utilizing them.
Read More
Alerts / 20 March 2020

COVID-19 Service Continuity Update

We are taking the necessary steps to ensure we are best serving our business partners, employees, and communities during the COVID-19 pandemic.
Read More
Alerts / 19 March 2020

Pennsylvania Courts Close to the Public

The Pennsylvania Supreme Court has issued an order closing all courts throughout the state to close to the public, in response to the COVID-19 pandemic.
Read More
Alerts / 16 March 2020

All Kentucky Courts Cancel Upcoming Hearings

On March 12th, 2020, in response to the COVID-19 novel coronavirus pandemic, the chief justice of Kentucky, John D. Minton, Jr., issued an Order canceling all non-emergency, in-person hearings in civil or criminal cases through April 10th, 2020.
Read More