Recent Posts in foreclosure victims Category

Nobody's Safe from Foreclosure

Just days after Richard Branson's Virgin Hotels brand announced it would be working with the John Buck Co. to convert the 27-story Dearborn Bank Building at 203 N. Wabash into a 250-room hotel, ...
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Home Prices Rise Again, But Will It Help?

Home prices in the Chicago rose 1.4 percent in August for the fourth consecutive monthly increase, the Chicago Tribune reported on October 25, 2011. The S&P/Case-Shiller home price index reported ...
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With Inventory Down, Will Housing Market Ever Look Up?

The number of sales of existing homes and condos climbed in Chicago's nine-county area for September while prices fell, but the supply of available homes slipped for the second consecutive month, the ...
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Illinois Unemployment Rate Hits Double-Digits Again

The jobless rate in Illinois hit 10 percent for the first time since August 2010 after unemployment in the state rose in September for the fifth straight month, Crain's Chicago Business reported on ...
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Proposed HUD Cuts Could Reduce Chicago Foreclosure Help

Chicago could lose $73 million in federal funds for public housing and $25.8 million in federal funds for social services, according to a Medill Reports story published on October 20, 2011. Because of ...
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Two Different Foreclosure Plans Get Two Different Reactions

Two South Loop aldermen introduced legislation to address the growing problem of vacant foreclosed properties, although the advocacy group Action Now supports one while being skeptical of the other. ...
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Could 25 Cents Bring 40,000 Jobs To Chicago?

The Occupy Wall Street movement that started in New York in September inspired thousands of protestors to take to the streets of downtown Chicago on October 10, 2011. While demonstrators around the ...
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Your Housing Market Concerns Are Justified

Are you worried about the housing market? Doug Duncan, chief economist of Fannie Mae, told the Chicago Tribune on October 10, 2011, that you have a right to be. “You have to think of recession ...
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College Grads Learning Truth About Student Loans In Bankruptcy

The standard to get rid of student loan debt in bankruptcy is "just exceptionally high," Todd Brown told the Buffalo News in an article published on October 8, 2011. "Most other kinds of debt you ...
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Chicago Business Owners More Pessimistic Than Optimistic

Economic and job recovery will persist, and the slow pace of growth will be insufficient to make much progress in lowering Chicago’s high unemployment rate in the coming year, PNC Bank said in a ...
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How to Survive Garnishment in Illinois

The bad news for Illinois residents is that the statute of limitations relating to the underlying debt on which the wage garnishment is based are longer than in most states. However, the good news is ...
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