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Foreclosure Right of Second Mortgage Holder in Illinois

The right of second mortgage holder to foreclose in Illinois

REACT FINANCIAL, As Assignee of NATIONWIDE MORTGAGE PLAN AND TRUST,
Plaintiff-Appellant, v. DARREN R. LONG, SHERYLE A. LONG f/k/a SHERYLE A. HAAKE, LOUIS E. OLIVERO,
UNKNOWN OWNERS and NON-RECORD CLAIMANTS, Defendants-Appellees

Case Law
No. 3-05-0438
APPELLATE COURT OF ILLINOIS, THIRD DISTRICT
366 Ill. App. 3d 231; 852 N.E.2d 277; 2006 Ill. App. LEXIS 421; 304 Ill. Dec. 27

March 7, 2006, Submitted

Homeowner had no right of redemption in Illinois

Bankruptcy did not permit foreclosure avoidance in Illinois

NORMA I. COLON, Debtor-Appellant, v. OPTION ONE MORTGAGE CORPORATION, and/or its assigns, Appellee.

Case Law
No. 02-2593
UNITED STATES COURT OF APPEALS FOR THE SEVENTH CIRCUIT
319 F.3d 912; 2003 U.S. App. LEXIS 2389; Bankr. L. Rep. (CCH) P78,797; 40 Bankr. Ct. Dec. 237

December 13, 2002, Argued

Bankruptcy protects Homeowners from Deficiency Judgment liens in Illinois

Prevent Deficiency Judgment liens with Bankruptcy in Illinois

In Re: Michael Linane and Sheila Linane, Debtors

Case Law
Case No. 02 B 42557 Chapter 13
UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS, EASTERN DIVISION

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