Posted by J T Sekey on January 26, 2006 at 21:03:29:
I read the IL statute. I am not an attorney but I can read. It says that there is no redemption period following the auction in Illinois. I called the Kane County Sheriff and he informed me that in Kane county there is a 30 day redemption. I gather that the redemption can be a local as well as state governed process.
Illinois redemption laws - Posted by JT
Posted by JT on December 25, 2005 at 17:23:04:
Specific to Illinois, following one’s purchase at auction of a foreclosure property, what redemption rights does the previous owner have?
Thank you.
Find & read IL laws - Posted by John Merchant
Posted by John Merchant on December 29, 2005 at 03:41:11:
An online search will quickly find you the IL statutes and its index will locate RE foreclosure stats, along with redemption rights if any.