Ill. R. Cir. Ct. Lake Cnty. 6-3.04

As amended through September 23, 2024

Rule 6-3.04 - Time of Sale

Bids at the time of the sale:

A. May be made by the Plaintiff by mail, fax or e-mail by 5:00 p.m. of the preceding day as directed by the designated officer.

B. May be made by persons present.

C. If by third-party bidders, shall be for cash with an immediate payment by the successful bidder of at least ten percent of the purchase price and the balance within two business days, unless otherwise agreed to by those present entitled to the proceeds of the sale.

D. Shall be paid in cash, cashier's check, credit against the Judgment or the equivalent.

Ill. R. Cir. Ct. Lake Cnty. 6-3.04

Amended effective 10/24/2016.