Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm entering its 90th year in business, is pleased to announce the addition of attorneys Garry A. Masterson and Alexander C. Weinberg to the firm's Cleveland office.
On December 9th, Senator Elizabeth Warren (D-MA) introduced the first major consumer bankruptcy reform legislation before Congress since 2005. The Consumer Bankruptcy Reform Act of 2020 (CBRA), if passed, would fundamentally alter the bankruptcy system as we know it.
On December 27th, 2020, the Consolidated Appropriations Act of 2021 (CAA) was signed into law. The CAA amends the Bankruptcy Code which impacts creditors in bankruptcy matters. One such amendment affects section 366 of the Bankruptcy Code, namely: 11 U.S.C. 366 - Utility Service.