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§ 15-1404 Judicial Foreclosure

Article XV: Mortgage Foreclosure

Part 14: Methods of Terminating: Mortgagor's Interest in Real Estate

Except as provided in subsection (d) of Section 15-1501, the interest in the mortgaged real estate of (i) all persons made a party in such foreclosure and (ii) all nonrecord claimants given notice in accordance with paragraph (2) of subsection (c) of Section 15-1502, shall be terminated by the judicial sale of the real estate, pursuant to a judgment of foreclosure, provided the sale is confirmed in accordance with this Article.

Amendment history: (from Ch. 110, par. 15-1404) (Source: P.A. 85-907.)