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.
The United States Bankruptcy Court for the Southern District of Ohio adopted a Mortgage Modification Mediation Program (MMM Program), effective October 1, 2020. The goal of the program is to encourage debtors and creditors to reach a consensual resolution.
On April 22nd, 2020, the Chief Judge of the United States Bankruptcy Court for the Eastern District of Pennsylvania signed Misc. Order 20-3007. The Order outlines the local process for notification of forbearance agreements in active chapter 13 bankruptcy cases due to the COVID-19 pandemic.
The COVID-19 pandemic has been disastrous for the already-weakened retail industry. These rapid changes have dealt an unprecedented blow to the commercial real estate industry. However, not all real estate sectors are performing in the same manner.
The past several months have seen our industry grapple with a worldwide pandemic, which has caused unprecedented levels of unemployment and economic uncertainty in the United States. To predict what is coming, it is first necessary to try and understand the reasons why consumer filings may be lagging this year.