Posts by pwsadmin
South Jersey Business Owner Charged with PPP, Tax Fraud – Oct 17th, 2022
South Jersey Business Owner Charged with PPP, Tax Fraud A Gloucester City business owner has admitted to failing to pay payroll taxes to the Internal Revenue Service, failing to file personal income tax returns, and fraudulently obtaining a Paycheck Protection Program loan, federal prosecutors in New Jersey said Thursday. John Degan, 69, of Philadelphia, pleaded…
Read MorePandemic PPP Fraud Explodes – A National Scandal – Oct 25th 2022
Pandemic PPP Fraud Explodes – A National Scandal A Florida man fraudulently used a $7.2 million emergency loan to purchase a 12,579-square-foot mansion and several cars. A California couple fraudulently collected $18 million and purchased “three houses, diamonds, gold coins, luxury watches, expensive furniture and other valuables.” Another man forged enough applications to collect $27…
Read MoreBusiness Rent Delinquency Surges Need for Commercial Collections – Oct 31st 2022
Business Rent Delinquency Surges Need for Commercial Collections Due to ongoing economic challenges, business owners’ ability to pay their full rent on time in October took a major hit based on a new Alignable poll. In fact, NJ delinquency rate is among highest jump up 22% in just one month, marking the largest, most rapid increase in…
Read MoreFinTech Alternative Lending | SBA Adds to Lending Network | Creditors’ Rights Policies Update – Nov 17th 2022
The past decade has seen a considerable disruption of the traditional banking industry, especially in the areas of payments, lending, wealth management, and retail banking. Innovative financial services for loan origination (consumer and business loans) have increased significantly over the last 5 years. In 2020, the global alternative credit market had a transaction value of…
Read MoreRising Mortgage Rates Eroded Housing Affordability in 2022 – Dec. 16 2022
The relentless rise in home prices, coupled with soaring interest rates has taken a toll on housing affordability. This perfect storm of economic conditions creates an uncertain future for homeowners and may lead to mortgage defaults next year if payments continue lagging behind. Recent trends indicate that over the last 12 months homes have increased…
Read MoreBrian J. Schaffer, Esquire
Title: Associate Phone: (856) 281-7520 Email: bschaffer@slgcollect.com Bio: Brian J. Schaffer specializes in bankruptcy and commercial litigation. Mr. Schaffer began his law career as an associate with White and Williams LLP in Philadelphia where he represented clients in both state and federal courts in a multi-state litigation practice. Mr. Schaffer continued his career at Dembo…
Read MoreMichael J. Hagner, Esquire
Title: Associate Phone: (856) 357-8591 Email: mhagner@slgcollect.com Bio: Michael Hagner practices in commercial litigation, creditor rights, bankruptcy and civil litigation. He is a graduate of the University of Connecticut, Michael earned his B.S. in Resource Economics and a Minor Degree in German Foreign Language. He continued his education at Rutgers Law School, where he received…
Read MoreRebecca K. McDowell, Esquire
Title: Associate Phone: (856) 324-5014 Email: rmcdowell@slgcollect.com Bio: Rebecca K. McDowell, Esq. is an established Bankruptcy and Creditor law practitioner. She has represented creditors and debtors in Chapters 7, 11 and 13 cases. Additionally, Rebecca has represented creditors, debtors and Chapter 7 trustees in both business and consumer Chapter 7 cases. A graduate of Albion…
Read MoreAndrew P. Chigounis, Esquire
Title: Partner Phone: (856) 437-4035 Email: achigounis@slgcollect.com Bio: Andrew P. Chigounis, Esq. handles business transactional law and commercial litigation for Saldutti Law Group and brings valuable experience and perspective to his role. Prior to joining the firm, Andrew served as an associate with LaVan Law where his clients included mid-sized and large-scale businesses. He represented…
Read MoreThomas B. O’Connell, Esquire
Title: Partner Phone: (856) 437-4015 Email: toconnell@slgcollect.com Bio: Thomas O’Connell is a debt collection attorney at Saldutti Law Group. A graduate of the University of Virginia, Tom received a Bachelor of Arts in Spanish and Psychology. In addition to being a member of the Dean’s List and National Society of Collegiate Scholars, Tom studied abroad…
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