Wednesday, October 08, 2008

Cook County sheriff won't evict in foreclosures

Crain's Chicago Business reports:
Cook County Sheriff Tom Dart says he's ordered his deputies to stop taking part in evictions of properties that have been foreclosed upon.
Dart says the change goes into effect Thursday. He says the decision comes because many of those being evicted are people who've been faithfully paying rent and didn't even know about the foreclosures.
Dart says he thinks he's the first sheriff in a major metropolitan area to stop such evictions during what's become a major foreclosure crisis around the nation.
Dart says the number of mortgage foreclosures in Cook County has skyrocketed this year and that he expects that number to climb much higher.
Would you want to be a landlord in Cook County after reading this?