Illinois 2025-2026 Regular Session

Illinois Senate Bill SB2221

Introduced

2/7/25

Refer

2/7/25

Refer

2/25/25

Refer

3/21/25

Refer

3/21/25

PROBATE SALE-MORTGAGE PROPERTY

No companion bills found.

Civil actions: enforcement of judgments.

Requires creditors to maintain interior of vacant and abandoned residential property under foreclosure.

Requires creditors to maintain interior of vacant and abandoned residential property under foreclosure.

Exempts creditor from paying municipal property registration fee if property is subject to automatic stay under federal Bankruptcy Code.

Exempts creditor from paying municipal property registration fee if property is subject to automatic stay under federal Bankruptcy Code.

Provides relative to a deficiency judgment in a short sale. (8/1/14) (OR NO IMPACT See Note)

Provides mortgage payment relief for residential property owners and small landlords during time of coronavirus disease 2019 pandemic.

Requires mortgage lenders to maintain vacant, age-restricted dwelling units during foreclosure.