(735 ILCS 5/12-132) (from Ch. 110, par. 12-132)
Sec. 12-132.
Redemption by creditors.
If a redemption is not made,
pursuant to Section 12-122 of
this Act where applicable, prior to the making of redemption
under this Section, any judgment creditor, his or her heirs, executors,
administrators or assigns may, after the expiration of 3 months and
within 6 months after the sale, redeem the premises in the following manner: such
creditor, so entitled to redeem, his or her heirs, executors,
administrators or assigns may obtain a certified copy of the judgment,
and place the same with the sheriff or other proper officer for
enforcement, and the sheriff or other proper officer shall endorse upon
the back thereof a levy of the premises desired to be redeemed; and the
person so entitled and desiring to make such redemption shall pay to
such officer the amount for which the premises to be redeemed were sold, with
interest thereon at the rate of 10% per annum from the date of the sale,
for the use of the purchaser of such premises, his or her heirs, executors,
administrators or assigns, whereupon such officer shall prepare and file
in the office of the recorder of the county in which the premises are
situated a certificate of such redemption, and shall advertise and offer
the premises for sale under the judgment as in other cases of sale under
a judgment.
(Source: P.A. 84-1462.)
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