Much of foreclosure is governed by state law. Here you can find the specific laws that apply to foreclosure in Illinois, including a summary of Illinois foreclosure procedures, articles on foreclosure avoidance mediation programs, and more.
If you live in a condominium, single-family home, or townhome that is part of a common interest community in Illinois, you are most likely responsible for paying dues and assessments to a condominium association (COA) or homeowners’ association (HOA). If you don’t pay, the COA or HOA is usually entitled
If you purchase a timeshare in Illinois and then change your mind, state law provides you with a right to cancel the contract, but you’ll have to act fast. If the time allotted to cancel the purchase has expired and you don't make your timeshare mortgage or assessments payments, you may lose your timeshare
Illinois law gives homeowners the ability to stop a foreclosure after it has started by getting paid up on the overdue amounts in one large payment within a particular time frame. This is called “reinstating” the mortgage. Read on to learn how much time you get in an Illinois foreclosure to reinstate