Collections, Repossessions and Foreclosures Moratoriums High on List
May 1, 2020 – In a letter sent to congress, the National Consumer Law Center (NCLC) drafted and sent a letter to Congress with a list of proposed relief efforts to protect persons “experiencing tremendous financial distress because of the COVID-19 pandemic.” With little surprise, these include moratoriums on collections, repossession and foreclosure activity during the COVID-19 pandemic.
Major elements of the letter include the following;
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