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Form a Business

Effect of bankruptcy.

Municipal Code of Chicago § 14X-12-1205.2.1
in effect
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14X-12-1205.2.1 Effect of bankruptcy. Section 14X-12-1205 does not require a mortgagee to perform any action which it is barred from doing by an automatic stay pursuant to a bankruptcy proceeding.
Source: City of Chicago, Municipal Code of Chicago (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/chicago/latest/chicago_il/0-0-0-2676524Fetched: 10/24/2026

Starting a business in Illinois? Illinois LLC guide: costs and requirements

14X-12-1205.2.1 | Corpus