§ 5/12-909 Bid for less than exempted amount

Codes > Illinois Compiled Statutes > Chapter 735 > Act 5 : Article XII > Part 9 : 5/12-909 Bid

§ 12-909. Bid for less than exempted amount.

    No sale shall be made of the premises on such judgment unless a greater sum than $15,000 is bid therefor. If a greater sum is not so bid, the judgment may be set aside or modified, or the enforcement of the judgment released, as for lack of property.