An Illinois Affidavit of Judicial Sale is a legal document used in foreclosure proceedings in the state of Illinois. It is a sworn statement that is signed by the foreclosure attorney who has conducted the sale or a representative of the lender that holds the mortgage. The affidavit outlines the details of the judicial sale and contains information such as the date and time of the sale, the amount paid for the property, and the buyer's name and address. The affidavit is necessary for the buyer to receive title to the property and must be filed with the Circuit Court Clerk in the county where the property is located. There are two types of Illinois Affidavit of Judicial Sale: an Affidavit of Judicial Sale for Residential Real Estate and an Affidavit of Judicial Sale for Commercial Real Estate.
Illinois Affidavit of Judicial Sale
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How to fill out Illinois Affidavit Of Judicial Sale?
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FAQ
Once you are delinquent by 120 days or more, your lender can initiate foreclosure proceedings in court. Illinois is a state in which all foreclosures are judicial foreclosures, which means the court system has jurisdiction over the matter.
For example, in Illinois, the rules generally require an ?affidavit? be notarized, though there are specific types of affidavits to which the requirement does not apply, such as affidavits being filed in support of a motion for summary judgment or a motion for involuntary dismissal.
It can be used in connection with filing or responding to a motion in court. It can also be used to give assurances to other parties in non-court transactions (for example, promising a buyer that you are the owner of a particular piece of property). It may be required by creditors on loan documents.
Affidavits can occur any time a formal promise is made, and they are often used as a form of documentation tied to a specific person in the proceedings. They are often used in court to serve as evidence toward a singular side in a dispute, or to affirm a claim that someone is making.
Affidavits are written documents attached to an affirmation, such as a notary public oath, which states that the statements in the document are true. Declarations are written documents the writer believes are true, but the statements contained in the declaration are made without the writer being sworn in.
Any person who makes a false statement, material to the issue or point in question, which he does not believe to be true, in any pleading, affidavit or other document certified by such person in ance with this Section shall be guilty of a Class 3 felony. (Source: P.A. 100-1086, eff.
(1) Notice Required. In all mortgage foreclosure cases where the borrower is defaulted by court order, a notice of default and entry of judgment of foreclosure shall be prepared by the attorney for plaintiff and shall be mailed by the Clerk of the Circuit Court for each judicial circuit.
You can stop the Sheriff's Sale and Foreclosure Process by a number of methods. Sell your property. You can sell your property...........Refinance your home. You can refinance your home and pay off the mortgage........Reinstate your mortgage.