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.
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.