Be alert to specific ethical issues for Illinois attorneys that involve matters pertaining to distressed real estate and learn about best practices for handling these issues when they arise.
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.