HOA/Illinois/forseable entry/foreclosure

You are in a confusing situation. Post-order of possession, the HOA is not obligated to take your money and grant you possession, but the purpose...

We rented a condo in June. In September we found out that the owner is in foreclosure, and has not paid the mortgage since April

You may want to discuss breaking the lease with the landlord. Look up the case information, online if you can, and find out the status of the...

Property foreclosed and went to Sheriff Sale. Does bank own now?

Usually 30 days after the foreclosure sale, the bank will schedule a court date to confirm the sale and distribute the proceeds (if any). If there...

Exemption from collection

The consumer has what is commonly called a "Wildcard" exemption of up $4,000 in value of any other property of the consumer’s choice safe from...

Usually it is 9% compounding interest on debt owed to a judgment creditor. What priority the judgment lien has against other liens on your property...

Sherrifs forcible entry, before i move out

Well, what I can tell you is that usually the first time the Sheriff comes by, if you are not ready to leave he will not evict you that day. He may...

I want to know if I should shortsale or forclose on my house? I owe $240, but its worth $160? My payment went up drastically-

If you have a buyer and the lender approves the short sale you may go through with the short sale, but be careful to negotiate a contract where you...

What would happen if I missed the initial status hearing for my pending foreclosure case in Cook County

If you wish to participate in your foreclosure case be sure to show up at the next court date. You may look up your case on the courthouse's clerk...

Do I need an attorney if I decide to walk away or can I let the foreclosure process play out?

You could let the foreclosure play out and then hire an attorney in the future if a creditor tries to collect on the deficiency. Or, you could...

Can a condo assoc change their leasing rules without first getting majority approval votes from the unit owners?

An Illinois condominium association may prohibit the leasing of units either by Board action or by a vote of the entire association according to...