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.
Summary of Illinois' Foreclosure Laws
Here are some of the most important features of Illinois foreclosure law.
Illinois Foreclosure Laws and Procedures
Learn about the steps in the Illinois foreclosure process and your rights at various points along the way.
New Illinois Foreclosure Rules
New foreclosure rules in Illinois are designed to better protect homeowners in foreclosure.
Faster Foreclosure of Abandoned Homes in Illinois
A new Illinois law will fast-track the foreclosure of abandoned homes.
Deficiency Judgments After Foreclosure in Illinois
You might owe your mortgage lender money after an Illinois foreclosure if it gets a deficiency judgment against you.
Illinois Timeshare Foreclosure and Right to Cancel Laws
Learn about Illinois timeshare foreclosure laws, right to cancel laws, and other timeshare contract laws.
Illinois HOA and COA Foreclosures
If you default on HOA or COA dues and assessments in Illinois, the homeowners association can foreclosure on your condo, townhome, or house.
Foreclosure Mediation Programs in Illinois
Some counties in Illinois offer mediation to help you work out an alternative to foreclosure with your lender.
Illinois Hardest Hit Program
The Illinois Hardest Hit Program provides mortgage payment assistance to struggling homeowners who are, or were, unemployed or underemployed.
Can I Reinstate My Mortgage to Save My Home From Foreclosure in Illinois?
A quick way to bring an Illinois foreclosure to a standstill is to “reinstate” the mortgage.
Illinois Renters Caught in Foreclosure: What Are Your Rights?
A new Illinois law allows a tenant whose landlord has lost the rental house through foreclosure to stay in the home longer.
If I lose my home to foreclosure in Illinois, can I get it back?
You can redeem (repurchase) your home in Illinois after the foreclosure sale, but you must act quickly.