Comments on: Suit: Force Defiant Sheriff To Evict Woman

Chicago-Area Official Vowed To Stop Sending Deputies On Court-Ordered Foreclosure Evictions

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by missingamerica October 10, 2008 4:38 PM EDT
So instead of evicting hapless tenants, when the landlord is in foreclosure, why dont the Banks request the court to appoint a spcial receiver to accept the tenant''''s rent and then apply any such rents to the balance, until such time as a new buyer is found or the lease expires?

Posted by scgilber77 at 01:27 PM : Oct 10, 2008

That makes so much sense, and it applies to foreclosed homes as well - why let stuff sit around vacant, decaying from neglect, and not earning any money at all?

Why not restructure home mortgages more favorably to the debtor, or at least let the people who you would evict just pay rent, rather than throw them out on the street?

I tell you what I have concluded:

Our tax and accounting laws must make it more profitable to write a loss off now and sell the property later.

In short, Business has managed to so warp our laws that they no longer make economic sense, let alone measure up to common sense.
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by navyjimfl October 10, 2008 4:37 PM EDT
they will eventually be evicted....
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by scgilber77 October 10, 2008 4:27 PM EDT
So instead of evicting hapless tenants, when the landlord is in foreclosure, why dont the Banks request the court to appoint a spcial receiver to accept the tenant''s rent and then apply any such rents to the balance, until such time as a new buyer is found or the lease expires?
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by dagrandma October 10, 2008 4:27 PM EDT
Maybe Sheriff Dart realizes there isn''t enough room at Salvation Army shelters to handle all the people in the U.S. who are going to be evicted from their homes this winter. But I guess I''m just a SOCIALIST for thinking that way and for admiring Sheriff Dart. I wish I weren''t such a SOCIALIST. God knows I''d rather be more like Richard Fuld who as we all know is a REAL man.
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