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STEVEN IVY P.C. - Illinois Law Firm - Real Estate - Receivership & Foreclosure
Steven Ivy - Illinois - Law Firm - Real Estate Law- FORECLOSURE PROCESS -- The whole process Involves the following steps: 1) 30-60 days late, expect contact from the lender; 2) 60-120 days late, expect notice of intent to foreclose; 3) 120-175 days late, you will be served with a summons; 4) 60 days after the summons, default judgment is entered; 5) 3 months after being served, your right to reinstate your loan expires; 6) 7 months after being served, your right to redemption expires; 7) your property is sold....FOR MORE INFO. VISIT OUR WEBSITE
STEVEN IVY P.C. - Illinois Law Firm - Real Estate - Receivership & Foreclosure
Steven Ivy - Illinois - Law Firm - Real Estate Law- FORECLOSURE PROCESS -- The whole process Involves the following steps: 1) 30-60 days late, expect contact from the lender; 2) 60-120 days late, expect notice of intent to foreclose; 3) 120-175 days late, you will be served with a summons; 4) 60 days after the summons, default judgment is entered; 5) 3 months after being served, your right to reinstate your loan expires; 6) 7 months after being served, your right to redemption expires; 7) your property is sold....FOR MORE INFO. VISIT OUR WEBSITE