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Legal Protections for Illinois Homeowners to Assist in Avoiding Foreclosures; the Illinois State Bar Provides Information

Question: What legal protection is afforded to Illinois homeowners to assist them in avoiding foreclosure? Answer: The Homeowners Protection Act gives Illinois homeowners who are behind in their mortgage payments a grace period of up to 90 days during which the lender is precluded from initiating foreclosure proceedings. Homeowners are strongly advised to use the additional time to consult with a lawyer or qualified housing counselor to work out a payment plan with their lender. For information about foreclosure prevention counseling, visit here. For more information about Illinois law, visit If you have a legal question, send it to Illinois Law Now is a series of newspaper and internet posts prepared by the Illinois State Bar Association that address legal issues of interest to the public. For additional information about the law, visit