Wednesday, October 8, 2008

Cook County Sheriff To Suspend Foreclosure Evictions

The Chicago Tribune is reporting that the Cook County Sheriff is suspending mortgage foreclosure evictions in light of the current economic crisis. Details are still pending.

Thursday, September 4, 2008

Cook County Sheriff's Office's New Measures For Tenant Evictions From Foreclosed Upon Properties

The Chicago Sun-Times recently reported on new eviction measures put in place by the Cook County Sheriff's Office. These new measures are designed to alert tenants that their rental unit has been foreclosed upon by their landlord's bank or mortgagee. Many tenants do not become aware that their landlord is in foreclosure until the Sheriff comes to actually remove them from the premises.

http://www.suntimes.com/news/metro/1139296,CST-NWS-evict02.article

Sunday, August 17, 2008

Bill Protecting Tenants In Landlord Foreclosure Situations Awaiting Approval From Illinois Governor

The state of Illinois is considering legislation that will protect renters who are facing eviction after their landlord's have defaulted on their mortgages and their apartment buildings have been seized in foreclosure. The proposed law would give tenants a 90 day window to exit their apartment after the mortgagee in possession provides notice to the tenant of intent to file an eviction. Currently, tenants have very little protection if their apartment buildings or units are foreclosed upon. For more information, please see the full story from the Chicago Sun-Times (link below):

http://www.suntimes.com/business/currency/1108898,rent081508.article

This legislation is currently awaiting approval and signature from the Governor of Illinois. To see the full text and amendments to Illinois Senate Bill 2721, please click on the link below:

http://www.ilga.gov/legislation/95/SB/09500SB2721sam001.htm

Thursday, May 22, 2008

Settlement of Security Deposit Lawsuit Against Lakeview Landlord

Landlord returned plaintiff's/tenant's security deposit over 60 days after his lease expired, in violation of section 5-12-080 of the Chicago landlord tenant ordinance, ("RLTO"). Attorney Robert Cohen, handling the case, recovered statutory damages in the amount of two times his security deposit plus interest and court costs under the provisions of the Chicago RLTO.