Expedited Foreclosure

News & Analysis as of

South Carolina Allows Expedited Foreclosures For Abandoned Properties

On June 2, South Carolina established a new expedited procedure for mortgage foreclosures on abandoned properties. Governor Nikki Haley signed SB 1007, which allows a mortgagee or its successor to petition a court for an...more

Illinois Enacts Fast-Track Foreclosure Legislation

On February 8, Illinois Governor Pat Quinn signed SB 16, a bill introduced in January 2011, which creates a fast-track foreclosure process for certain abandoned and vacant properties. ...more

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