COVID-19 Collections Impact Bulletin: State Responses (December 2020 Update)
Burr Forman
DECEMBER 4, 2020
The new bill issued a moratorium on evictions, foreclosures, and repossessions, which expired on June 30, 2020. The Department of Banking issued guidance on March 17, 2020, encouraging financial institutions to work with borrowers whose ability to repay loans was affected by COVID-19. This order was extended until December 31, 2020.
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