Foreclosed Homes for Sale
Foreclosed Homes, Real Estate News | Foreclosed Homes News
  • Home
  • About Us
  • 7 Day Trial
  • Search
  • Login
  • FAQ
  • Blog
  • Contact Us
You are here: Foreclosure Listings » Real Estate News » Foreclosed Homes » Illinois Foreclosure Evictions to Resume

Illinois Foreclosure Evictions to Resume



Tweet



Cook County Sheriff Dart said that he will restart evictions at foreclosed homes after making a deal with lenders to ensure the protection of some tenants. He said that there are tenants who have been paying their rent promptly but who haven’t been notified of evictions properly.

Dart suspended foreclosure evictions during the first week of October because he found out that some landlords were collecting rent from their tenants but were not paying their amortizations on time. He also discovered that mortgage companies were not identifying the occupants of foreclosed properties before issuing eviction notices.

The sheriff avowed that he’ll only carry out evictions if the following conditions are met:

  • The mortgage banks have furnished the court with a description of the property to be foreclosed and the names of all persons occupying the property during the time the foreclosure is filed.
  • The banks have stated the date of the last inspection of the property to be foreclosed.
  • The banks have informed tenants of their right to a grace period of 120 days, the length of time granted by state law to make it possible for tenants to find housing before they move out.

Dart also declared that he’ll appoint a social worker to assist tenants find new housing and help them apply for social services available in Cook County.

According to Dart, the number of foreclosed properties in Chicago and its surrounding areas has soared rapidly since the issuance of the first foreclosures in 2006. During that year, there were nearly 19,000 cases filed. This year, the number is expected to soar to more than 40,000.

Dart’s actions were criticized by the state’s banking association, which insisted that Dart was remiss in one of the duties for which he was elected for. It called on Dart to stand up for the law regardless of his personal views and to accomplish his legal duties, one of which is carrying out evictions.

Related Posts:

  • Foreclosures have an effect on renters too
  • Foreclosures Impact Health of Home Owners Negatively
  • Bank of America Restarts their Foreclosure Processes
  • Careless Signing of Documents of Foreclosures Puts Lenders in Trouble
  • The Berwyn Foreclosures Scenario
This entry was posted on Wednesday, November 26th, 2008 at 2:35 pm and is filed under search for Home Foreclosures. Read more about Tucson Northwest neighborhood or search about San Diego 92101 zipcode.
« Foreclosure Problem Needs Stronger Countermeasures
Major Borrowers Back Government-Initiated Program on Foreclosures »

Search Area




Share |


Top States

  • Alabama Foreclosures
  • Arizona Foreclosures
  • California Foreclosures
  • Colorado Foreclosures
  • Florida Foreclosures
  • Georgia Foreclosures
  • Illinois Foreclosures
  • Indiana Foreclosures
  • Massachusetts Foreclosures
  • Michigan Foreclosures
  • Nevada Foreclosures
  • New Jersey Foreclosures
  • New York Foreclosures
  • North Carolina Foreclosures
  • Ohio Foreclosures
  • Pennsylvania Foreclosures
  • South Carolina Foreclosures
  • Texas Foreclosures
  • Utah Foreclosures
  • Washington Foreclosures

Top Cities

  • GA, Atlanta Foreclosures
  • TX, Richardson Foreclosures
  • FL, Tampa Foreclosures
  • FL, Orlando Foreclosures
  • FL, Miami Foreclosures
  • TX, Dallas Foreclosures
  • CO, Denver Foreclosures
  • TX, Houston Foreclosures
  • AZ, Phoenix Foreclosures
  • TX, Austin Foreclosures
  • CA, Los Angeles Foreclosures
  • IL, Chicago Foreclosures
  • TX, San Antonio Foreclosures
  • MO, Saint Louis Foreclosures
  • NY, Brooklyn Foreclosures
  • WA, Seattle Foreclosures
  • IN, Indianapolis Foreclosures
  • NV, Las Vegas Foreclosures
  • CA, San Diego Foreclosures
  • OH, Columbus Foreclosures

Categories

  • Pre Foreclosures
  • Real Estate Foreclosures
  • Foreclosed Homes
  • Foreclosure Listings
  • Bank Foreclosures
  • Government Foreclosures
  • For Sale By Owner
  • VA Homes
  • HUD Homes
  • Distressed Properties
  • Tax Lien Foreclosures
  • Foreclosure Assistance
  • Bankruptcy Homes
  • Lis Pendens
  • Sheriff Sales
  • Relocation



Copyright © Real Estate News | Foreclosed Homes News - Foreclosure Homes Data Provider