• SSMMA

Illinois suit: Firm broke into occupied homes in foreclosure, removed belongings

Legal action is 1st to ask for civil penalties, seeks to have company barred from doing business in state

The state of Illinois is suing the nation’s largest privately held firm that maintains foreclosed homes, alleging it illegally broke into the occupied homes of people behind on their mortgage payments or in foreclosure, locked them out and removed their belongings.

The lawsuit against Safeguard Properties LLC, filed Monday by Illinois Attorney General Lisa Madigan in Cook County Circuit Court, also charges that firms subcontracted by Safeguard to inspect and secure properties wrongly told homeowners and renters that they could not live in their homes during the foreclosure process….Please click here to read Mary Ellen Podmolik’s full story in the Tribune.

0 views0 comments