Docket Room.
SB 2951·IL·senate

MORTGAGE FORECLOSURE TIME

EnactedFiled Feb 3, 2026
Sponsor: Robert F. Martwick (D)
Latest Action

Public Act . . . . . . . . . 104-0842

Aug 21, 2026

Summary

The bill limits any action to foreclose a mortgage or other debt secured by real property to ten years after the right to act arises. It also changes the Probate Act so a court cannot order the sale or mortgage of estate property unless secured creditors agree to accept a partial payoff, and if they cannot be paid in full, the sale is not deemed necessary. The changes affect borrowers, lenders, and estates undergoing probate.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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