Updated about 18 years ago on . Most recent reply
Judical sale - Clarifcation on 2nd/jr lein holders
I am in a Judical state - Illinois
If property is sold at sheriff sale and the 1st lien is what was auction.
What happen to jr and other lens on property? Do they go with the property in which case the it becomes an issue for the new owner of the property, or do they go away and the jr lien holders get nothing, or is the previous property owner still on the hook on satifying the jr liens?