Code · Illinois · Chapter 735 — CIVIL PROCEDURE · Act 5

Sec. 15-1404. Judicial Foreclosure.

75 words·~1 min read·/il/chapter-735/act-5/15-1404

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 15-1404. Judicial Foreclosure. Except as provided in subsection

(d)of Section 15-1501, the interest in the mortgaged real estate of

(i)all persons made a party in such foreclosure and

(ii)all nonrecord claimants given notice in accordance with paragraph

(2)of subsection

(c)of Section 15-1502, shall be terminated by the judicial sale of the real estate, pursuant to a judgment of foreclosure, provided the sale is confirmed in accordance with this Article.