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.
President Biden signed the COVID-19 Bankruptcy Relief Extension Act into law on March 27, 2021, previously passed overwhelmingly by Congress. The Act extends provisions of the Coronavirus Economic Stabilization Act of 2020 (CARES Act) through March 27, 2022.
As a creditor, you may be wondering: When is the right time to proceed with a motion for relief from stay? How will I know the right situation to send a reaffirmation agreement? These questions can leave you feeling like you're at a standstill.
On August 4, 2021, Senator Richard Durbin (Democrat-Illinois) introduced Senate Bill 2598 entitled the FRESH START Through Bankruptcy Act. The bill was co-sponsored by Senator John Cornyn (Republican-Texas).