yes

There is no statutory right to redemption in Illinois; however Illinois does have an equitable right of redemption which is a borrowers right to clear debt prior to foreclosure (short sale). The equitable right of redemption lasts for 7 months after date of service or the first publication date whichever is later.

These are the states that do not have redemption period:

The five states they list as having no redemption period are:

Texas, Georgia, Virginia, DC, and New Hampshire

The rest do have different time lines for redemption.

In some states, a lender can seek a personal judgment against the debtor regarding the redemption period for foreclosed homes. In Georgia, there is no statutory right of redemption.

Yes. 8 months unless the lien holder has waived thweir right to a deficiency. Then it's 12.