Illinois Compiled Statutes > 735 ILCS 5 > Article XII > Part 4 – Redemption By State
Current as of: 2024 | Check for updates
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Other versions
| § 735 ILCS 5/12-401 | Right of State as judgment creditor |
| § 735 ILCS 5/12-403 | Application |
| § 735 ILCS 5/12-404 | Does not include where State is nominal party |
Terms Used In Illinois Compiled Statutes > 735 ILCS 5 > Article XII > Part 4 - Redemption By State
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Plaintiff: The person who files the complaint in a civil lawsuit.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
- United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14