Foreclosures is where a lender forces a sale of real property in order to pay off a delinquent loan. There are many time deadlines in these proceedings.

Under Illinois law the lender must serve notice to the owner and give the owner a statutory period of several months either to reinstate the loan--i.e. become current, or redeem the loan--i.e. pay it off.

If this is not done the lender will auction the property off at a foreclosure sale where third parties may bid and acquire the property. After the sale, the Lender must ask the court to confirm it. Then after confirmation, a deed will be issued giving title to property to the successful bidder.

I have represented all parities involved in foreclosures. I have filed Chapter 13 Bankruptcies to stop the sale and allow the homeowner time to repay the arrearages. I have represented third party bidders in this proceedings.