Requiring a secured party to petition the circuit court for leave to immediately commence an action to foreclose a mortgage or deed of trust on real property no later than 30 days after the foreclosure stay has been lifted in a bankruptcy proceeding, under specified circumstances; requiring an order to docket or a complaint to foreclose to be filed and to be served on a mortgagor or grantor no later than 30 days after the circuit court grants a specified petition; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2014
|Date Posted||Document Name|
|3/04/2014||Text - First - Real Property - Bankruptcy Proceedings - Expedited Foreclosure Timeline|
( 7-105.1, 7-105.13 )
Last Updated: 2/3/2020 2:29 PM