An Illinois Notice of Motion to Stay Foreclosure Sale is a document used to request a temporary halt of a foreclosure sale in the state of Illinois. It is typically filed by the borrower or a representative of the borrower in order to provide more time to negotiate a loan modification or other alternative to foreclosure. The notice must include information such as the name, address, and telephone number of the borrower; the name, address, and telephone number of the party filing the motion; the names of the parties involved in the foreclosure action; the date and time of the scheduled foreclosure; and, a description of the relief requested. There are two types of Illinois Notice of Motion to Stay Foreclosure Sale: an Emergency Motion to Stay Foreclosure Sale and a Non-Emergency Motion to Stay Foreclosure Sale. An Emergency Motion to Stay Foreclosure Sale is used when the foreclosure sale is imminent or has already taken place, and it is filed in order to halt the sale and give the borrower more time to negotiate a loan modification or other alternative to foreclosure. A Non-Emergency Motion to Stay Foreclosure Sale is used when the foreclosure sale is still some time away, and it is filed in order to provide the borrower with more time to negotiate a loan modification or other alternative to foreclosure before the sale takes place.
Illinois Notice of Motion to Stay Foreclosure Sale
Description Motion Stay
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How Can I Stop Foreclosure in Illinois? Your First Move: Find the Right Foreclosure Attorney. Negotiate with the Lender to Resume Payments. Request a Loan Modification. Seek Special Relief: CARES Act And COVID-19. Address Payments Missed By Mistake. Take the Case to Chicago Courts. Turn the House over to the Lender.
A motion for a stay may be made to the reviewing court, or to a judge thereof, but such a motion must show that application to the circuit court is not practical, or that the circuit court has denied an application or has failed to afford the relief that the applicant has requested, and must be accompanied by
O Motion to Stay a Foreclosure Sale asks the judge to delay the sale of the property; AND o Notice of Motion to Stay a Foreclosure Sale tells all parties in the court case that you are asking the judge to delay the sale of the property and the hearing date and time. o If you think a document would be helpful to your
(Redemption refers to your right to pay off your loan, usually through a sale of the house or refinance.) Your house will be sold at a sheriff's foreclosure sale. Order confirming the sale of your property and order for eviction is entered. Order for eviction is stayed 30 days (giving you 30 days to move).
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.