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This legislative session, we successfully advocated for reforms to help protect homeowners from losing the equity they've built in their homes through Illinois' property tax sale system. These changes will help prevent situations where families lose homes worth far more than the tax debt they owe.
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Under a bill that passed in Springfield, annual tax sales — the government’s way of dealing with delinquent property tax payments — will get a major shake-up.
www.chicagotribune.com
Cook County tax buyer industry will be phased out in ‘equity theft’ reform bill
Housing Action Illinois