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.
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.
Lease terms are often subject to interpretation against the party drafting them. Given this, it is imperative that landlords are cautious in lease provisions to guard against defenses raised by tenants when obligations are not met.
Weltmans collateral recovery team recently attended the Cherokee Media Groups Used Car Week to present The 3 Rs: Recovery, Replevins, & Reputation. This discussion was presented by shareholder Amy Clum Holbrook and attorney Stefanie Collier and moderated by national director of collections Dave Tommer.
Many have been preparing for the effective date of Regulation F, which is November 30th. This new Rule will undoubtedly change the world of debt collection. With careful preparation and resources from the Consumer Financial Protection Bureau (CFPB), navigating this new landscape is manageable.