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Mortgage Foreclosure & Workouts

Learn about the latest developments in Illinois foreclosure law. This program includes updates on recent cases and statutes, unique aspects of commercial foreclosures, loss mitigation and workout options, and a panel discussion on best practices in dealing with ethical issues in distressed real estate.
Credits: 3 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 1 Other PR
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Wednesday, December 7, 2022

Webcast

4.25 MCLE Credits, Including 1.0 General PR credit

Program Moderator: Erica Crohn Minchella, Minchella & Associates, LTD, Skokie

 

11:15 - 11:55      Log into the webcast via your account at www.iicle.com

11:55 - 12:00      Welcoming Announcements

 

12:00 – 1:15        Case Law Update on Foreclosures

Learn about the latest developments in Illinois foreclosure law from recent cases and updates to statutes.

James V. Noonan, Noonan & Lieberman, Chicago

Stephen Saporta, Saporta Law Offices, Joliet 

Ralph J. Schumann, The Law Offices of Ralph J. Schumann, Schaumburg

 

1:15 – 2:15          Aspects of Commercial Foreclosures

Commercial foreclosures involve unique aspects that require specific knowledge. This session will focus on differences between commercial and residential foreclosures, including receivership, alternative sales, guarantor liability and mechanics liens.

Samuel H. Levine, Downey & Lenkov, LLC, Chicago

James V. Noonan, Noonan & Lieberman, Chicago

 

2:15 – 2:30          Break

 

2:30 – 3:30          Mortgage Loan Loss Mitigation

Learn about the current status of Illinois law with regard to foreclosures and discuss loss mitigation options, including conventional sales, short sales, use of Bankruptcy, foreclosures of Reverse Mortgages, modifications, consent judgments, and deeds in lieu of foreclosure.

Erica Crohn Minchella, Minchella & Associates, LTD, Skokie

Kathleen Robson Gordon, Robson & Lopez, LLC, Chicago

 

3:30 – 4:30          Panel: Ethical Issues in Distressed Real Estate (1.0 General PR Credit)

This panel will discuss a variety of cases and issues that have presented ethical issues in distressed real estate to alert practitioners to the differences and treatments of several important issues. Panelists will also discuss best practices in dealing with these issues.

Samuel H. Levine, Downey & Lenkov, LLC, Chicago

Erica Crohn Minchella, Minchella & Associates, LTD, Skokie

James V. Noonan, Noonan & Lieberman, Chicago

Kathleen Robson Gordon, Robson & Lopez, LLC, Chicago

Stephen Saporta, Saporta Law Offices, Joliet

Ralph J. Schumann, The Law Offices of Ralph J. Schumann, Schaumburg

Online On-Demand
Picture of Mortgage Foreclosure & Workouts
Product will be available in your online account shortly following the live program on December 7, 2022.
SKU: p2211-22R
$250.00 or 4.00 credits
decrease increase

Wednesday, December 7, 2022

Webcast

4.25 MCLE Credits, Including 1.0 General PR credit

Program Moderator: Erica Crohn Minchella, Minchella & Associates, LTD, Skokie

 

11:15 - 11:55      Log into the webcast via your account at www.iicle.com

11:55 - 12:00      Welcoming Announcements

 

12:00 – 1:15        Case Law Update on Foreclosures

Learn about the latest developments in Illinois foreclosure law from recent cases and updates to statutes.

James V. Noonan, Noonan & Lieberman, Chicago

Stephen Saporta, Saporta Law Offices, Joliet 

Ralph J. Schumann, The Law Offices of Ralph J. Schumann, Schaumburg

 

1:15 – 2:15          Aspects of Commercial Foreclosures

Commercial foreclosures involve unique aspects that require specific knowledge. This session will focus on differences between commercial and residential foreclosures, including receivership, alternative sales, guarantor liability and mechanics liens.

Samuel H. Levine, Downey & Lenkov, LLC, Chicago

James V. Noonan, Noonan & Lieberman, Chicago

 

2:15 – 2:30          Break

 

2:30 – 3:30          Mortgage Loan Loss Mitigation

Learn about the current status of Illinois law with regard to foreclosures and discuss loss mitigation options, including conventional sales, short sales, use of Bankruptcy, foreclosures of Reverse Mortgages, modifications, consent judgments, and deeds in lieu of foreclosure.

Erica Crohn Minchella, Minchella & Associates, LTD, Skokie

Kathleen Robson Gordon, Robson & Lopez, LLC, Chicago

 

3:30 – 4:30          Panel: Ethical Issues in Distressed Real Estate (1.0 General PR Credit)

This panel will discuss a variety of cases and issues that have presented ethical issues in distressed real estate to alert practitioners to the differences and treatments of several important issues. Panelists will also discuss best practices in dealing with these issues.

Samuel H. Levine, Downey & Lenkov, LLC, Chicago

Erica Crohn Minchella, Minchella & Associates, LTD, Skokie

James V. Noonan, Noonan & Lieberman, Chicago

Kathleen Robson Gordon, Robson & Lopez, LLC, Chicago

Stephen Saporta, Saporta Law Offices, Joliet

Ralph J. Schumann, The Law Offices of Ralph J. Schumann, Schaumburg

Products specifications
Program DateDecember 7, 2022
Media TypeLive Events
CategoryReal Estate
Products specifications
Program DateDecember 7, 2022
Media TypeLive Events
CategoryReal Estate
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