With COVID-19 and the economic downturn, many people will need to file for Bankruptcy. CVLS volunteers Sal Lopez and Justin Storer will review the basics of Chapter 7 Bankruptcies, including pre-filing considerations, alternatives, using Best Case, handling a trustee meeting, and more. When the training is over, you’ll be ready to take your first Chapter 7 case!
In March, Congress passed the CARES Act, which gives critical mortgage relief to homeowners affected by COVID-19. Fannie Mae, Freddie Mac, the FHA, and the VA have rolled out new guidance as well. CVLS Staff Attorney Matt Hulstein will review these new mortgage options and address some legal issues that may arise.
Cook County property taxes can be extremely complicated to figure out. From buying property, to appealing property taxes, to reviewing a mortgage servicer’s calculation in an escrow analysis, understanding the basics is essential. There is a wealth of free information readily available on various county websites. This CLE will focus on how to obtain that information and then how to make sense of it.
The federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) allows struggling homeowners who have federally-backed mortgages to pause mortgage payments for at least six months and up to one year. Once payments resume, lenders must review the homeowners for a range of payment options, including loan modifications. The Act also freezes foreclosure actions …
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act took effect. Section 4024 of the Act provides renters with temporary relief from certain evictions and from the imposition of late fees. Continue reading for important information about the CARES act that everyone should know.
The incapacity or death of a mortgage borrower creates mass confusion for everyone involved. The borrower’s family doesn’t know their options and cannot speak with the lender. The lender cannot identify who has authority on the account. And everyone’s lawyers are stuck in the middle. Matt Hulstein of CVLS will speak on probate/foreclosure crossover cases and help identify the best path forward for your clients.
In this seminar, Kathleen will guide you through real estate transactions start to finish including short sales. This is a perfect starter or refresher course for any attorney interested in real estate law. Come join us and learn from an expert.