Illinois Statutes
§ 12-912 — Sale of premises - Distribution of proceeds
Illinois § 12-912
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 735CIVIL PROCEDURE
Act 735 ILCS 5/Code of Civil Procedure.
Art.Article XII - Judgments - Enforcement
This text of Illinois § 12-912 (Sale of premises - Distribution of proceeds) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
735 Ill. Comp. Stat. 12-912 (2026).
Text
In case of such surplus, or the amount due on the judgment is not paid within the 60 days, the officer may advertise and sell the premises, and out of the proceeds of such sale pay to such judgment debtor the sum of $50,000 for premises owned by an individual owner or $100,000 for premises owned by 2 or more individual owners, and apply the balance on the judgment.
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Legislative History
(Source: P.A. 104-120, eff. 1-1-26 .)
Nearby Sections
15
§ 12-1001
Personal property exempt§ 12-1001.1
Automatic exemption§ 12-1002
Schedule of property§ 12-1003
When family entitled to exemptions§ 12-1004
Judgment for wages§ 12-1006
Exemption for retirement plans§ 12-101
Lien of judgment§ 12-102
Judgment against partnership§ 12-103
Representative capacity§ 12-104
Time of restraint deducted§ 12-105
Definition of "real estate"§ 12-106
Enforcement in other counties§ 12-107
Incarceration of judgment debtor§ 12-107.5
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Bluebook (online)
Illinois § 12-912, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/735/12-912.