If the buyer defaults in payment, any action brought against the buyer under the contract shall be initiated only after the expiration of 90 days from the date of the default. A buyer in default may, prior to the expiration of the 90-day period, make all payments, fees, and charges currently due under the contract to cure the default.
765 ILCS 67/40
Right to cure default
Known as the Installment Sales Contract Act
The act spans §§ 765-67-1 to 765-67-999 (23 sections).
P.A. 100-416, eff. 1-1-18.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.