The foreclosure procedure is governed by both state and federal legislation. Foreclosures in Illinois are judicial, which means that the lender (the plaintiff) must file a case in state court. You may discover the particular laws that relate to foreclosures in Illinois here, as well as a full discussion of how foreclosures operate and other information.
Table of Contents
Illinois Foreclosure Law
Illinois Foreclosure Laws in Brief
The following are some of the most essential aspects of Illinois foreclosure law.
Illinois Foreclosure Procedures and Laws
Learn about the foreclosure process in Illinois, including pre-foreclosure stages, foreclosure processes, and homeowners’ rights under both state and federal laws.
In Illinois, Deficiency Judgments Following Foreclosure
After a foreclosure in Illinois, may your lender get a deficiency judgment against you?
HOA and COA Foreclosures in Illinois
If you do not pay your HOA or COA assessments in Illinois, the association may get a lien on your property and foreclose on it.
Common Illinois Foreclosure Questions
Can I get my house back if I lose it to foreclosure in Illinois?
After a foreclosure auction in Illinois, foreclosed homeowners may have the chance to redeem (repurchase) their home—but you must move swiftly.