Can foreclosures proceed on abandoned properties notwithstanding the various foreclosure moratoria? We are raising this issue with the courts in an attempt to convince them to allow foreclosures to proceed on abandoned properties, as an exception to the moratorium.
On March 28th, 2020, the Governor of Illinois issued Executed Order No. 2020-16 in response to the COVID-19 Disaster Proclamation. Executive Order 2020-16 deems the repossession of vehicles contrary to the interest of preserving public health.
The COVID-19 crisis has impacted people in a variety of different ways. Based on our perspective from the creditors' side, we look to provide some insight on how you can best protect yourself currently.