http://www.nytimes.com/2008/10/09/us/09chicago.html?ref=business
In the present credit crisis to foreclose houses might result in serious consequences to renters who likely are paying their rent without being told the owner is being foreclosed. Under these circumstances it is a public health hazard to put people out into the street when even businesses can't get loans. People can't get loans to move. If they have been paying their rent and not told the property they live in is being foreclosed then some other legal option must be made available when 95% all all businesses and people can't get loans for anything including moving at this time.
The Chicago Sheriff's office for this reason won't evict anyone because of this and because of this problem likely this stance will be adopted by most or all Cities, counties and states eventually until this present credit crisis subsides.
It is my view that Government at all levels Federal, state and local must temporarily or permanently take over foreclosing properties in order to circumvent incredible damage to peoples life and limb taking place at this time because of no ability to obtain credit even to move for renters who have no previous knowledge from any source of impending foreclosures.
Homeless people are being created every day in this unfair crisis. This will only become an ever increasing public physical, financial and mental health disaster and people evicted with no place to live cannot over time continue health or working at jobs under these crazy conditions.
It is like our system of government is committing suicide through its citizens. Wake up people!
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