Insights

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.

Did you know that there is an estimated $2 trillion of money laundered across the world every year, according to the United Nations Office on Drugs and Crime? Approximately $300 billion of that money is laundered through the U.S.

Recently, the Michigan Justice for All Commission, a commission established by the Michigan Supreme Court, created the Debt Collection Work Group for the purpose to "develop data-driven recommendations to simplify and streamline processes, rules, and laws to allow people to more effectively navigate court processes..

In today's tight labor market, employers are offering more perks to recruit top candidates. Traditional incentives like higher salary, vacation, and hybrid work opportunities are prevalent.

When it comes to powers of attorney (POAs) and guardianships in Illinois, you may be asking yourself, Who is really in charge? or How can I avoid common pitfalls?