This topic will focus on the process and procedures of mortgage foreclosure, specifically a judicial mortgage foreclosure. The material will discuss the differences between judicial and nonjudicial foreclosure.

Learn what creditors faced during a foreclosure prior to the current COVID-19 world. The main part of the topic will focus on what a creditor and/or its counsel can expect moving forward in 2023. What will a post-COVID-19 foreclosure world look like? What did moratoriums teach us about foreclosure litigation and what types of litigation can be expected? How long will a typical foreclosure take due to the expected court backlogs? What can creditors do to prepare, loss mitigation options to avoid a foreclosure?What You'll Learn:Judicial vs. Nonjudicial Foreclosures

• What Is the Difference?
  
• Which States Are Judicial?
  
• Typical Judicial Foreclosure Process and Timeframe

Alternatives to Foreclosure

• Loss Mitigation
  
• Forbearances - Cares Act
  
• Loan Modifications
  
• Short Sales
  
• Deed in Lieu of Foreclosures

Hurdles for Creditors Post- COVID-19 and the End of the Moratoriums

• Litigation
  
• Court Ordered Conciliations

What Will Change in 2023 and in the Future?

• How Have Court's Dealt With the Lifting of the Moratoriums?
  
• What Does That Mean for Creditors?
  
• Additional Obstacles
  
• Litigation
  
• Court Backlog
  
• Loss Mitigation Overwhelmed
  
• Bankruptcy