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The Illinois redemption period after a foreclosure sale is:

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Question & Answer

Review the question and all answer choices

A

None - no redemption right

B

30 days

C

7 months from complaint, or 3 months after judgment

Correct Answer
D

1 year

Why is this correct?

In Illinois, the redemption period ends 7 months from the date the foreclosure complaint was served, or 3 months after the judgment, whichever is later.

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