Mortgage Law Roundup Sharp  Thinking No. 200   Perspectives on Developments in the Law from Sharp-Hundley, P.C.   September 2021 Foreclosure Fee Unconstitutional, High Court Rules Illinois’ special $50 fee for filing mortgage foreclosure cases is unconstitutional, the Illinois Supreme Court has ruled. Acting in Walker v. Chasteen, 2021 IL 126086, the high court characterized the…

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Mortgage Law Roundup Sharp  Thinking No. 193    Perspectives on Developments in the Law from Sharp-Hundley, P.C.    February 2021 General Description Of Improvements Held Sufficient Failure of the plaintiff to include in the mortgage foreclosure sale notice detailed information about the improvements on the property does not constitute such a failure in the notice…

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Real Estate Roundup SharpThinking No. 180   Perspectives on Developments in the Law from Sharp-Hundley, P.C.    April 2020 Court Issues Primer On Lis Pendens              By John T. Hundley, 618-242-0200, john@sharp-hundley.com The Appellate Court’s Third District has issued a valuable primer on the theory and use of the doctrine of…

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Mortgage Law Roundup Sharp  Thinking No. 176   Perspectives on Developments in the Law from Sharp-Hundley, P.C.   January 2020 Default, Acceleration Terms Are Critical Condition Precedents By John T. Hundley, 618-242-0200, john@sharp-hundley.com Creditors and their collection counsel are being advised to read promissory notes and mortgages closely before filing suits thereon as a result of…

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Happy Holidays! Sharp  Thinking No. 175    Perspectives on Developments in the Law from Sharp-Hundley, P.C.   December 2019 Chapter 13 Plan Confirmation Creates Judicial Estoppel Confirmation of a Chapter 13 plan is a sufficient benefit to estop the bankruptcy debtor from prevailing on an inconsistent position taken in state-court litigation the existence of which was…

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