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Article: Apartment renters caught in foreclosure net
- Article from:
- Chicago Defender
- Article date:
- August 13, 2008
- Author:
CopyrightCopyright Real Times, Inc. Aug 13-Aug 19, 2008. Provided by ProQuest LLC. (Hide copyright information)
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Like so many Black homeowners struggling to keep their homes, the foreclosure crisis is also affecting many Black renters.
There were 90,782 foreclosure filings in Illinois last year, a 25 percent increase from 2006, according to RealtyTrac Inc., a California-based real estate company that tracks foreclosure activity in 50 states. Cook County is the largest county in the state with a population of 5.3 million and it recorded more than 30,000 foreclosures in 2007.
South suburban Alsip is located in Cook County and is where renter Roberta Thurman, 37, lives. She is among the hundreds of renters being affected by the foreclosure crisis.
"They say bad things happen to good people all the time. ...