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IL SB2539
Bill
Status
Failed
1/13/2021
Primary Sponsor
Michael Hastings
Click for details
AI Summary
SB2539 Summary
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Amends Illinois mortgage foreclosure law to allow courts to approve mortgagee's fees and costs incurred prior to the foreclosure judgment but not included in that judgment when confirming a property sale.
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Permits the confirmation order to approve mortgagee's fees and costs arising between entry of the foreclosure judgment and the confirmation hearing under the same terms allowed in the note, mortgage, and Section 15-1504.
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Effective January 1, 2021.
Legislative Description
FORECLOSURE-SALE CONFIRMATION
Last Action
Session Sine Die
1/13/2021
Committee Referrals
Assignments4/12/2020
Judiciary2/4/2020
Assignments1/28/2020
Full Bill Text
No bill text available