Capitol Fa - Your Illinois News Radar » Cook County delays tax sales on past-due homes as Pappas pushes for foreclosure reformCapitolFax.com

Property tax foreclosure reform is put off by Illinois legislators

In their end-of-session dash to pass a state budget, Illinois lawmakers put off consideration of proposed reforms to property tax sales and foreclosures.That leaves Illinois the only remaining state where homeowners can face losing not just their homes but also all of the equity in them they’ve accumulated if their homes are foreclosed on for falling far behind on paying their property taxes.Experts say it also means Illinois is out of step with…

Capitol Fa - Your Illinois News Radar » Cook County delays tax sales on past-due homes as Pappas pushes for foreclosure reformCapitolFax.com

* Injustice Watch last month… A first-of-its-kind analysis of tax and property records by the Investigative Project on Race and Equity in partnership with Injustice Watch reveals how, since 2019, more than 1,000 owner-occupied homes in Cook County — including more than 125 homes owned by seniors — were taken through property tax foreclosure. […] While owner-occupied [...]

Cook County’s Annual Tax Sale to be Postponed for Seven Months – WTTV (Kokomo, IN)

Cook County Treasurer Maria Pappas's postponement request came in the wake of a 2023 decision by the United States Supreme Court that called into question the way property tax collection enforcement has been conducted in several states. The state legislation also provides that during the delay no additional interest will be charged on delinquent bills subject to the sale.