Illinois Supreme Court creates new rules for foreclosure process

By WEEK Reporter

Illinois Supreme Court creates new rules for foreclosure process

February 22, 2013 Updated Feb 22, 2013 at 1:03 PM CDT

CHICAGO, Ill. -- The Illinois Supreme Court announced new rules designed to ease the burden of home foreclosure process on Friday.

The new rules are to help those who may lose their home to foreclosure by imposing requirements on mediation programs and lenders.

The rules include government-certified counseling, free legal representation for eligible homeowners, interpretive services and assurances that all loan modification efforts have been made by the lender.

The Supreme Court says that the three rules show their concern about deceptive practices at the local and national level and the impact that foreclosures have on communities.

The rules were made by a 14-person committee whose formation was due in part to recommendations made by Justice Mary Jane Theis.

The new rules are effective on March 1, 2013. Counties and circuits with their own mediation plans have until June 1 to adopt the Supreme Court's new rules.

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