· 5/6/1994
Gragin Federal Bank for Savings v. American Nat. Bank and Trust Company of Chicago
Citations
- 633 N.E.2d 1011
- 262 Ill. App. 3d 115
- 199 Ill. Dec. 215
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that a defendant can establish good cause for setting aside a sale by establishing either that he did not receive notice or that he received a defective notice that resulted in the property selling for substantially less than its actual value
- “Under the Foreclosure Law, a party who was entitled to notice of a sale but who did not receive such notice is entitled to have the sale set aside.”
- “Under the clear language of section 15-1508(d), therefore, the [defendants] cannot establish that the sale was invalid merely by showing that the notice was not published on the third consecutive week. They must show ‘good cause’ for setting aside the sale.”
- “Under the clear language of section 15- 1508(d), therefore, the Hermans cannot establish that the sale was invalid merely by showing that the notice was not published on the third consecutive week. They must show ‘good cause’ for setting aside the sale.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Peccarelli
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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