A default foreclosure occurs when
the homeowner has been served with a foreclosure complaint, but does not file
an appearance or attend court in the case. After a default judgment is entered,
the bank can move forward with the foreclosure process, which may include
selling the home at auction and eventually evicting the homeowner.
Default foreclosures happen more
often than they should. One way to prevent a default foreclosure is for the
borrower to go to the courthouse, file an appearance and attend the first court
date listed in the foreclosure documents. Generally, Illinois law allows borrowers
30 days from the service of the complaint to file their appearance.
If you have any questions about the
foreclosure process, please feel free to call the attorneys at Perl &
Goodsnyder at 312/243-4500 or visit our website at www.perlandgoodsnyder.com/. We have over 50 years of combined litigation
experience and can assist you with your foreclosure litigation.
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