Authorizing a secured party to petition a circuit court for leave to immediately commence an action to foreclose a mortgage or deed of trust on residential property if the property is vacant and abandoned under specified circumstances; requiring a secured party to send a copy of a specified petition to specified persons under specified circumstances; requiring a court to rule on a specified petition promptly after the petition is filed; applying the Act prospectively; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2017
( 7-105.1, 7-105.14 )
Last Updated: 2/3/2020 2:35 PM