Suffredin- An Advocate for All of Us  
 

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.

   
  The Cook County Law Library is the second largest County law library in the nation.
   
     
     
     



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

Cook County Treasurer Maria Pappas on unclaimed property tax exemptions: ” Most seniors didn’t know that they could get it.”
Friday, July 19, 2019
WGN Chicago

Top Forest Preserve cop quits after burying ticket of county pol’s pal who asked ‘Do you know who I am?’
Friday, July 19, 2019
Chicago Tribune

EDITORIAL: ‘Do you know who I am?’ Not yet, but we sure know your type
Friday, July 19, 2019
Chicago Sun-Times

Cook County Commissioner Luis Arroyo says he got a friend’s parking ticket voided
Friday, July 19, 2019
Chicago Sun-Times

Chicago-Area Cooling Centers Offer Residents Chance to Beat the Heat
Thursday, July 18, 2019
NBC 5 Chicago

Editorial: ‘Do you know who I am?’ Not yet, but the people of Cook County deserve to find out.
Thursday, July 18, 2019
Chicago Tribune

Top Forest Preserve cop quits after burying ticket of county pol’s pal who asked ‘Do you know who I am?
Wednesday, July 17, 2019
Chicago Sun-Times

Chicago’s top cop ‘must stop misleading the public’ about violence, Cook County Board President Toni Preckwinkle says in heated letter to Mayor Lori Lightfoot
Wednesday, July 17, 2019
Chicago Tribune

‘Do you know who I am?’ Investigators say Cook County commissioner pressed cops to scrap ally’s $250 parking ticket
Tuesday, July 16, 2019
Chicago Tribune

IG: Cook County needs revamp on sexual harassment outside of work following allegations against Preckwinkle ex-chief of staff
Tuesday, July 16, 2019
Chicago Tribune

Higher Assessments Hit North Suburban Commercial Property Owners
Thursday, July 11, 2019
Evanston Patch

How did an inmate get a loaded gun into Cook County Jail?
Thursday, July 11, 2019
Chicago Tribune

Check exemptions, file an appeal: What you can do to fight your Cook County property tax bill
Thursday, July 11, 2019
WGN Chicago

’A lack of mental health services has plagued Chicago for decades’: Holy Cross Hospital expanding to fill that void on the Southwest Side
Wednesday, July 10, 2019
Chicago Tribune

Construction Begins on New Cook County Health Center
Wednesday, July 10, 2019
Daily Herald

How To Appeal Your Cook County Property Tax Assessment
Wednesday, July 10, 2019
CBS Chicago

County Commission Hopes to Increase 2020 Census Participation
Wednesday, July 10, 2019
WTTW News

Cook County Property Tax Bills: Where Does Your Money Go?
Wednesday, July 10, 2019
CBS Chicago

Seniors Receive Inflated Property Tax Bills By Mistake
Tuesday, July 09, 2019
WBBM Radio

Cubs co-owner Todd Ricketts’ property tax appeal under investigation after Tribune finds assessment problem
Tuesday, July 09, 2019
Chicago Tribune

all news items

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