· IL legislature · 104th

MORTGAGE FORECLOSURE TIME

Amends the Code of Civil Procedure. Provides that any indebtedness of any kind that is secured by a mortgage or deed of trust in the nature of a mortgage has a 10-year period to commence an action. Amends the Probate Act of 1975. Provides that in any proceeding to sell or mortgage real estate, if the secured credito…

Sponsor

Rob Martwick (D-IL)

Introduced

2026-02-03

Policy area

Finance and Financial Sector

Latest action

Placed on Calendar Order of 3rd Reading March 24, 2026