ILCS » Chapter 735 · Act 5
Illinois Compiled Statutes

735 ILCS 5/15-1605 (2026)

Equitable Right of Redemption

✓ laws through the 2026 session (checked Sept. 2026)
Find cases: SyfertCases citing this section IL-ILGAilga.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar
(735 ILCS 5/15-1605) (from Ch. 110, par. 15-1605)
    Sec. 15-1605. Equitable Right of Redemption. No equitable right of redemption shall exist or be enforceable under or with respect to a mortgage after a judicial sale of the mortgaged real estate pursuant to Section 15-1507 or after entry of a judgment of foreclosure pursuant to Sections 15-1402 or 15-1403.
(Source: P.A. 84-1462.)


 
    (735 ILCS 5/Art. XV Pt. 17 heading)
Part 17. Possession During Foreclosure

    
Notes of Decisions
Cited in 5 cases, 1996–2013 · leading case: EMC Mortg. Corp. v. Kemp, 2012 IL 113419, 982 N.E.2d 152.
Sort: Relevance Newest Treatment
EMC Mortg. Corp. v. Kemp, 2012 IL 113419, 982 N.E.2d 152. “735 ILCS 5/15-1605 (West 2010). -8- the final and appealable order in a foreclosure case.”
Aurora Loan Servs., Inc. v. Frank Craddieth & Peggy Craddieth, Appeal Of: Midwest Real Est. Inv. Co., Intervenor-Appellant, 442 F.3d 1018 (7th Cir. 2006). “The “justice was not otherwise done” provision does not extend the deadlines. “[O]nce expired, the [statutory] right of redemption shall not be revived.”
Hodges v. CIT Grp. (In Re Hodges), 350 B.R. 796 (Bankr. N.D. Ill. 2006). “735 ILCS 5/15-1605 (2004). 7 . The district court recently reached the contrary conclusion in Spencer v.”
In Re Christian, 199 B.R. 382 (Bankr. N.D. Ill. 1996). “” Whether this suggestion is consonant with the actual language of Section 1322(c)(1) is a question that need not be reached here, since under the IMFL a debtor has no right to "cure” mortgage arrear-ages after a foreclosure sale. To the contrary, the debtor’s rights are…”
Washington Mut. Bank, FA. v. Boyd, No. 1-06-0305 Rel (Ill. App. Ct. 1st Dist. Dec. 20, 2006). · cites it 3× “735 ILCS 5/15-1605 (West 2004). Section 16-1605 of the Illinois Mortgage Foreclosure law provides: "Equitable Right of Redemption.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.