Eviction is the final step in a foreclosure sale. It is a court-supervised procedure used to remove from a property those who are currently in possession of it. Evicting previous homeowners is usually straightforward, but the eviction of tenants is a sensitive issue, as it often affects vulnerable groups that struggle to find suitable housing. Federal and local eviction laws protect the rights of tenants.

Foreclosure and Evictions are Separate

Foreclosures and evictions are two separate procedures. Some owners may confuse the Note of Default or Note of Sale of a foreclosure as eviction orders. However, lenders cannot evict the owners of a property until they complete the foreclosure sale.

Once a property forecloses, the new owner is entitled to take possession of the house. Specific laws regulating the timeline of a foreclosure eviction vary depending on whether the home is occupied by the former homeowner or a tenant. If the foreclosure eviction is against a tenant, the law provides the tenant with extra protection.

The Law Office of EV Has, LLC provides experienced representation to residential and property owners facing foreclosure and eviction from their homes. We will explain the law and what your options are to stay in your home, or to make the best of the situation. For a free consultation with a Chicago foreclosure lawyer, please call 312.775.0980 or contact us online.