Illinois Adds Omitted Subordinate Interest Provisions to Mortgage Foreclosure Law
By EsqSocial Corporation 09/09/14
On August 26, Illinois amended its Code of Civil Procedure by adding Section 15-1603.5 to address situations where a foreclosure sale occurred, but a junior lienholder was not named in the foreclosure complaint. Specifically, the law permits a holder...
By: BuckleySandler LLP