Suffredin- For a Better Cook County  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
  Cook County Hospital fills more outpatient prescriptions every day than are filled at 26 Walgreen's drug store combined.
   
     
     
     



Homeowners who gave up might get foreclosure refund

Saturday, June 20, 2009
Chicago Sun-Times
by Lisa Donovan

Call it a green lining on the cloud of the mortgage foreclosure crisis.

Homeowners who handed the keys over to the bank may actually have some money coming their way, and in Cook County, a new online system may help nearly 2,000 property owners get their due.

The Cook County Clerk of the Circuit Court is holding approximately $18 million in mortgage foreclosure surplus funds -- profits generated when the bank sells a property for more than what the original owner owed the lending institution.

The county has identified about 1,900 onetime owners who are owed money as a result of foreclosure sales in the last decade, and Circuit Court Clerk Dorothy Brown has launched a campaign to get the word out.

In one case, a property owner could collect $460,000, she said.

So many people turn the keys over to the bank and don't look back -- and that's why the money has accumulated, Brown said.

"I think the problem has been, people want to close that chapter of their lives and many times people just feel so bad, they feel that once they lose their property, it's all gone. Nothing belongs to them. The equity in the property isn't there. But I'm trying to get the word out that that isn't true," Brown said.

Nationally, about 2 million homes were in foreclosure, Fortune magazine reports. And Cook County is at a 10-year high with 43,726 homeowners in default in 2008 and a projected 50,286 this year, according to Brown's office.

Go to www.cookcountyclerkof court.org and head to the mortgage surplus search engine, which will allow you to put in your name. If there's a match, begin the process of petitioning the court for your money.

Cook County residents can also visit the clerk's accounting office for more information.



Recent Headlines

Illinois Supreme Court sets civil, criminal fee schedule
Thursday, February 14, 2019
Chicago Daily Law Bulletin

Seniors: Are your Cook County property taxes delinquent? Your home could be at risk
Thursday, February 14, 2019
WLS Abc 7 Chicago

Editorial: Look out, taxpayers: When governments have more pensioners than employees
Thursday, February 14, 2019
Chicago Tribune

Hundreds of accused criminals on electronic monitoring are missing
Wednesday, February 13, 2019
ABC Channel 7

Glenview adopts Cook County minimum wage and sick leave ordinances, effective July 1
Tuesday, February 12, 2019
Chicago Tribune

Lawsuit over property tax assessments survives challenge
Monday, February 11, 2019
Chicago Daily Law Bulletin

EXPERIENCE THE HEALTH BENEFITS OF THE FOREST PRESERVES THROUGHOUT WINTER
Thursday, February 07, 2019
Special to suffredin.org

Cook County Jail detainee dies at Stroger Hospital
Thursday, February 07, 2019
Chicago Sun-Times

The Cook County Sheriff’s Office Says Its Gang Database Is on Lockdown, but Questions Remain
Thursday, February 07, 2019
Pro Publica

Charges dismissed against man accused of threatening judge
Thursday, February 07, 2019
Daily Herald

Double Down: Twin Brothers Rehabbing Chicago
Wednesday, February 06, 2019
Chicago Defender

Slowik: Residents, officials celebrate rehab work at public housing sites
Wednesday, February 06, 2019
Daily Southtown

Class action: Evanston can't charge 'convenience fees' to people paying tickets online
Wednesday, February 06, 2019
Cook County Rercord

390 arrested in nationwide prostitution sting, including 38 in Cook County
Wednesday, February 06, 2019
Chicago Sun-Times

As we build a road, we will protect the forest preserves
Wednesday, February 06, 2019
Chicago Sun-Times

Campaign to weed out European buckthorn across the suburbs
Tuesday, February 05, 2019
Northwest Herald

Airbnb hosts in Cook County earned $109 million last year: report
Monday, February 04, 2019
Chicago Sun-Times

Cook County senior exemption deadline extended
Monday, February 04, 2019
Daily Herald

Decadelong legal battle over Barrington Hills horse farm — eyed as huge forest preserve — may be nearing resolution
Monday, February 04, 2019
Chicago Tribune

EDITORIAL: Protect iconic forest preserve from concrete overkill
Sunday, February 03, 2019
Chicago Sun-Times

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP