Topic:
Mortgage foreclosures
(Lang, D-Skokie; Wilhelmi, D-Joliet) makes several changes to foreclosures affecting notices and judicial sales. (1) If a unit of government doesn’t publish on its website where notices are to be sent, it directs notice by first-class mail to certain designated county or municipal officers for residential foreclosures. (2) For judicial sales, it gives priority to the person appointed by the court under Sec. 15-1506. If no person is appointed by motion under Sec. 15-1506, the plaintiff may choose the person to conduct the sale who must be (i) appointed under Sec. 15-1506 by the court before this new law’s effective date, (ii) any judge, or (iii) the sheriff in the county where the real estate is located. Judicial-sale changes are effective immediately, and notice changes are effective Jan. 1, 2011. Sent to the Governor.