Insights

At Weltman, we love welcoming new attorneys to our team. They bring fresh expertise and an eagerness to learn and be mentored by their experienced colleagues. Three of our newer attorneys, starting in 2022, span from Cleveland and Columbus, Ohio, to Philadelphia, Pennsylvania.

Shareholders Sara Costanzo and Milos Gvozdenovic recently attended the American Financial Services Association (AFSA) Vehicle Finance Conference & Expo in Dallas, TX. This event featured a robust lineup of education sessions focusing on hot-topic issues in the industry.

Over the last three years, the housing market has gone from red hot to ice cold in the blink of an eye. At the end of 2022, foreclosure filings (i.e. default notices, scheduled auctions, and bank repossessions) were reported to be 115% higher from 2021 but down 34% from 2019, before the pandemic shook up the market.

As the newest partner at Weltman, Weinberg, and Reis Co., LPA, I was approached to share my experiences as a first-year shareholder. I always jokingly say, the only difference between being an attorney and a shareholder is that I get copied on a lot more emails.

Creditors dealing with defaulted debts often deal with the same quandary: how to quickly take possession of the property to offset the debt. However, it's possible for your collateral to be at risk in criminal matters, and even in possession by a third party such as a repair shop, government agency, or a family member.

Attorney Tiffani Williams recently attended the National Association of Subrogation Professionals (NASP) Roaring Subrogation Annual Conference. So many individuals and organizations were featured at this informative conference. Now, Tiffani is sharing her top six takeaways regarding subrogation recovery.

What happens when a mortgage loan matures during an open bankruptcy case? It's a common question among creditors, especially during these times of economic uncertainty and inflation. Understanding the ins and outs of this complex filing can help you recover unpaid debts related to real estate.

From all of us at Weltman, we want to thank you for your continued loyalty and support of the firm in 2022. What a year it's been!

In November of 2022, Weltman hosted an attorney forum where attendees could earn hours for their Professional Conduct Credit. Weltman Attorney Forum: Lessons in Leadership was designed to help attorneys grow, while staying up-to-date on relevant topics within the legal industry.

Shareholder Milos Gvozdenovic and attorney Erin McCabe recently attended the Byrider 2022 Annual Convention in Miami, Florida. Many of the Byrider franchisees who stopped by our booth were interested in the bankruptcy process, including whether or not to sell off their bankrupt accounts or service them.