Law Office of Marc Weitz

03/31/2023

15 years ago today I opened my law practice! What a ride! Here's to 15 more years!

03/09/2023

My esteemed colleagues and I will be speaking to the American Bar Association about Impact Investing / ESG Investing around the world. Wednesday, March 15, 2023 at 10am PDT, 1pm EDT, 5pm London, and 6pm CET.

Please sign up at the link. I hope to see you there!

The ABA International Section’s Seasoned Lawyers Interest Network, and International Courts & Judicial Affairs Committee, and the Senior Lawyers Divisions' International Committee jointly present Coming to a Courtroom Near You: Impact Investing. Impact Investing is the future. Lawyers need to know...

06/09/2021

The American Association of Private Lenders posted my article about borrowers in bankruptcy and the automatic stay. Enjoy!

Here’s what you need to know about the automatic stay—and strategies for getting past it. As part of a series of articles discussing strategies for private lenders to deal with bankrupt borrowers, this piece takes a deeper look into when the automatic stay applies and strategies for getting arou...

03/16/2021

Housing Prices are Up, But Rents are Down

In America’s largest, richest cities, home prices and rents are going in opposite directions.

11/17/2020

California’s bankruptcy homestead exemption will rise significantly to between $300k and $600k depending on county. This means more people will keep their homes in bankruptcy while discharging credit card and hospital debt.

https://www.forbes.com/sites/jayadkisson/2020/09/19/california-increases-homestead-exemption-in-new-legislation/?sh=6045c704197d

California Assembly Bill AB1885 increases the homestead exemption to a minimum of $300,000 and a maximum of $600,000 depending on median county home prices.

11/09/2020

How will Biden’s election affect bankruptcy law? Ideas being put forth are increased protections for equity in homes and cars, easier discharge of student loans, and reduced legal fees.

During the last recession personal bankruptcies steadily increased. Experts are expecting a similar surge shortly, renewing debate over reform that Biden helped pass in 2005.

10/07/2020

Webinar Today! I will present a webinar on Recovering Investments from Borrowers in Bankruptcy to the American Association of Private Lenders (AAPL) at 11am PT / 2pm ET. You can still sign up at https://us02web.zoom.us/webinar/register/WN_UFIzM_IBQEueN332w0bijA

I will discuss:

• When lenders can ask the bankruptcy court for permission to foreclose.
• What to do if lenders can’t get permission to foreclose.
• How to avoid costly mistakes in a borrower’s bankruptcy.
• How to analyze the debtor’s bankruptcy plan to make sure the lender’s interest is accurately represented.
• New ideas in actions private lenders can take in advance to mitigate bankruptcy risk.

By the end of the webinar, private lenders will know what practical, actionable steps they can take when a borrower files for bankruptcy

The live webinar is free. After the presentation, the recording is only available to AAPL members.

In this webinar, presented by Marc Weitz, Attorney at Law with the Law Office of Marc Weitz, you will learn: • When lenders can ask the bankruptcy court for permission to foreclose. • What to do if lenders can’t get permission to foreclose. • The difference in treatment between undersecured ...

10/05/2020

Hello! A reminder for my webinar Wednesday about Recovering Investments from Borrowers in Bankruptcy that I will present to the American Association of Private Lenders (AAPL) on October 7, 2020 at 11am PT / 2pm ET.

I will discuss:

• When lenders can ask the bankruptcy court for permission to foreclose.
• What to do if lenders can’t get permission to foreclose.
• How to avoid costly mistakes in a borrower’s bankruptcy.
• How to analyze the debtor’s bankruptcy plan to make sure the lender’s interest is accurately represented.
• New ideas in actions private lenders can take in advance to mitigate bankruptcy risk.

By the end of the webinar, private lenders will know what practical, actionable steps they can take when a borrower files for bankruptcy

The live webinar is free. After the presentation, the recording is only available to AAPL members.

https://us02web.zoom.us/webinar/register/WN_UFIzM_IBQEueN332w0bijA

In this webinar, presented by Marc Weitz, Attorney at Law with the Law Office of Marc Weitz, you will learn: • When lenders can ask the bankruptcy court for permission to foreclose. • What to do if lenders can’t get permission to foreclose. • The difference in treatment between undersecured ...

10/01/2020

You're all invited to attend my webinar next week on Wednesday, Recovering Investments from Borrowers in Bankruptcy, that I will present to the American Association of Private Lender (AAPL) on October 7, 2020 at 11am PT / 2pm ET.
I will discuss:
• When lenders can ask the bankruptcy court for permission to foreclose.
• What to do if lenders can’t get permission to foreclose.
• The difference in treatment between undersecured and oversecured loans. (Under certain circumstances, private lenders can recover post-petition interest and attorneys' fees if they're oversecured.)
• How to avoid costly mistakes in a borrower’s bankruptcy.
• How to analyze the debtor’s bankruptcy plan to make sure the lender’s interest is accurately represented.
• Actions private lenders can take in advance to mitigate bankruptcy risk.
By the end of the webinar, private lenders will know what practical, actionable steps they can take when a borrower files for bankruptcy
The live webinar is free. After the presentation, the recording is only available to AAPL members.

In this webinar, presented by Marc Weitz, Attorney at Law with the Law Office of Marc Weitz, you will learn: • When lenders can ask the bankruptcy court for permission to foreclose. • What to do if lenders can’t get permission to foreclose. • The difference in treatment between undersecured ...

09/16/2020

You're all invited to attend my webinar, Recovering Investments from Borrowers in Bankruptcy, that I will present to the American Association of Private Lender (AAPL) on October 7, 2020 at 11am PT / 2pm ET.
I will discuss:
• When lenders can ask the bankruptcy court for permission to foreclose.
• What to do if lenders can’t get permission to foreclose.
• The difference in treatment between undersecured and oversecured loans. (Under certain circumstances, private lenders can recover post-petition interest and attorneys' fees if they're oversecured.)
• How to avoid costly mistakes in a borrower’s bankruptcy.
• How to analyze the debtor’s bankruptcy plan to make sure the lender’s interest is accurately represented.
By the end of the webinar, private lenders will know what practical, actionable steps they can take when a borrower files for bankruptcy
The live webinar is free. After the presentation, the recording is only available to AAPL members.

In this webinar, presented by Marc Weitz, Attorney at Law with the Law Office of Marc Weitz, you will learn: • When lenders can ask the bankruptcy court for permission to foreclose. • What to do if lenders can’t get permission to foreclose. • The difference in treatment between undersecured ...

08/25/2020

The term for this is “zombie companies,” that is companies that should be in bankruptcy but are being kept in business with cash infusions from the government.

https://www.miamitodaynews.com/2020/08/11/business-bankruptcy-rise-of-54-may-be-artificially-low/

Business bankruptcy filings are on the rise in South Florida as Covid-19 takes its toll on the economy, but government aid programs may be holding these numbers back from what they might otherwise be. Multiple high-profile

08/05/2020

Green solutions should be part of a successful strategy for bankrupt companies to emerge from chapter 11 reorganization.

A major way companies get through bankruptcy is by erasing costs through closing stores and laying off employees. But green solutions, like cutting down on waste, reducing packaging, and lowering transportation costs are not only a great way to save money but help the environment and improve the company’s image.

https://www.thebalancesmb.com/29-cost-saving-sustainability-ideas-for-businesses-4097466

Can anyone share their stories of bankrupt companies using environmental solutions successfully to help reorganize?

Cost reduction has always been important in business. Increasingly, however, companies must balance cost with green aspirations and improve both.