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Pennsylvania Joins the Digital Age and Enacts Article 12 of the Uniform Commercial Code

On July 1, 2024, the Commonwealth of Pennsylvania joined twenty-three other states in adopting Uniform Commercial Code Article 12 and the accompanying amendments to the Pennsylvania Uniform Commercial Code....more

New Bankruptcy Forms as a Result of the CARES Act

For Small Business Debtor Reorganization Filings and for Chapter 13 Debtors.   As we have advised in prior blog posts,  the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), Pub. L. No. 116-136, 134...more

Tough Times Ahead – Loan Relief Through a Forbearance Agreement?

The novel Coronavirus Disease 2019 (also referred to as COVID-19) has caused state and local governments to shut down non-essential businesses for weeks - and possibly months on end - and even going as far to order people to...more

Pennsylvania and Maryland Permit Use of Remote Notarization During COVID-19 Emergency

Pennsylvania. Due to the COVID-19 emergency, and pending the passage of Senate Bill 1092, or an amendment to H.B. 1564 to allow remote notarization of documents, the Pennsylvania Department of State has issued a temporary and...more

Considerations for the Not-So-Small Small Business Owner in Seeking Relief Under the Bankruptcy Code

The historic Coronavirus Aid, Relief, and Economic Security Act (“CARES” Act) enacted into law on March 27, 2020 includes assistance for small businesses seeking relief under chapter 11 of the Bankruptcy Code and makes filing...more

Help is On the Way to Troubled Borrowers!

On March 25, 2020, the U.S. Senate passed the historic $2 trillion “Coronavirus Aid, Relief and Economic Security Act” (“CARES Act”). The U.S. House is expected to pass the bill on Friday March 27, 2020, and it is anticipated...more

3/27/2020  /  CARES Act , Relief Measures

Seventh Circuit Finds Use of Words “Time Sensitive” on Envelope Containing a Debt Collection Letter Violates the Fair Debt...

The 7th Circuit Court of Appeals in Preston v. Midland Credit Mgmt., Inc., 2020 WL 290451 (7th Cir. Jan. 21, 2020) has issued a ruling which holds that using the words “TIME SENSITIVE DOCUMENT” on the envelope containing a...more

Important Legislation passed in Pennsylvania.

Repeal of Sunset of Twenty Year Statute of Limitations for Instruments under Seal - Currently instruments “under seal” enjoy a 20 year statute of limitation for enforcement versus the existing 4 year statute of limitation...more

Pennsylvania Commercial Power of Attorney Problems Fixed by Act 103 of 2016

It took almost 2 years, but finally this past October 2016, technical corrections were signed into law to address the problems for commercial powers of attorney that arose by virtue of the 2014 Amendments to the Title 20 PA...more

Consumer Financial Protection Bureau Brought Down a Notch

Earlier lastweek the United States Court of Appeals for the DC Circuit issued its 110 page opinion concerning the Consumer Financial Protection Bureau (“CFPB”) and CFPB enforcement action in PHH Corporation Et al vs Consumer...more

Breaking News! Fair Debt Collection Practice Issue

The U.S. Court of Appeals for the Sixth Circuit has held that a Delaware Limited Liability Company was a “person” as defined by the FDCPA, and reversed the District Court decision which had dismissed an FDCPA claim against a...more

Important Fair Debt Collection Practices Act Holding by the Third Circuit Court of Appeals: Misstatements in Foreclosure...

On April 7, 2015, a decision in the case of Kaymark vs. Bank of America, N.A. was handed down by the Third Circuit Court of Appeals, in a precedential opinion authored by Judge Fisher and joined in by Judges Fuentes and...more

Amendment to the PA Power of Attorney Statute

On March 2, 2015, the Pennsylvania House of Representatives referred to the House Judiciary Committee HB665, introduced by Representative M. K. Keller, which contains the proposed “fix” to the Power of Attorney statute which...more

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