Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm in its 90th year of client service, is honored to announce the selection of attorney Matthew Pomy to the prestigious 2021 Pennsylvania Super Lawyers Rising Stars list.
Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm celebrating 90 years in business, is pleased to announce that shareholder Jim Kozelek has been elected as president-elect of the Commercial Law League of America (CLLA). He most recently served as the organization's recording secretary.
On May 13, 2021, the U.S. House of Representatives passed H.R. 2547 also known as the Comprehensive Debt Collection Improvement Act (CDCIA). If passed by the Senate, the CDCIA would amend several existing consumer finance statutes and impose new requirements and limitations on debt collectors.
The COVID-19 pandemic has had a chilling effect on bankruptcies, however many experts anticipate a flurry of new filings in the near future, especially as existing holds on collection activities are lifted. Now is the time for creditors and to gain a firm understanding of bankruptcy concepts, tasks and deadlines.
The economic impacts of COVID-19 are expected to be significant. Not only have businesses and workers been impacted, but also local governments that rely on the economy for revenue. The impact of the coronavirus pandemic on local governments will be driven, in at least part, by those segments of the economy where incom