Caselaw Update on Foreclosures (2022)

Learn about the status of Illinois law (2022) with regard to foreclosures and about various loss mitigation options, including conventional sales, short sales, use of bankruptcy, foreclosures of reverse mortgages, modifications, consent judgments, and deeds in lieu of foreclosure.

This session focuses on unique aspects of commercial foreclosures (as compared to residential foreclosures), including receivership, alternative sales, guarantor liability and mechanics liens.

Topics covered include: Family Bereavement Leave Act; Employee Sick Leave Act; Illinois Human Rights Act (Crown Act); One Day Rest in Seven Act; and more.