The housing crisis has a new hero. His name is Tim Dart and he is a Sheriff in Cook County, IL. He has decided to stop evicting people from their home when their landlord and/or bank has not given them notice which is required by law. He cites many cases of people not even knowing their landlord had converted apartments to condos and the landlord stopped paying the mortgage.
His stance is a radical one. He will still evict people from their home for failing to pay their mortgage or when they have been notified. A number of judges in Cook County have reacted to his stance negatively.
If banks and landlords would do their due diligence, would this even be an issue?
Questions for all of you: Do you agree with this stance? What would you do if you were in his shoes?
Talk amongst yourselves....
Showing posts with label Tim Dart. Show all posts
Showing posts with label Tim Dart. Show all posts
Friday, October 10, 2008
Subscribe to:
Posts (Atom)