After 10 days, what must an outside lienholder do to collect interest upon redemption?

• A. Do nothing; interest accrues automatically
• B. File affidavits and certain documents with the Tax Collector
• C. File affidavits with the County Clerk only
• D. Initiate a separate lawsuit

Answer: (B)

The key idea is that recovering interest on redemption is an administrative claim handled through the Tax Collector. After the 10-day period, an outside lienholder must submit sworn statements and related documents to the Tax Collector to establish and quantify the interest owed on the redemption proceeds. The Tax Collector uses these affidavits to determine the amount of interest due and to distribute funds accordingly. This process is procedural and local to the Tax Collector’s office, not a matter for the County Clerk or for a separate lawsuit, and the interest isn’t automatically granted without filing the proper affidavits.