Illinois Homeowners Must Take Tax Sale Damages Claim to Trial
Bloomberg Tax News
Illinois homeowners must go to trial to calculate damages from Cook County's unconstitutional tax sale practices.Summary
A federal judge in the Northern District of Illinois ordered a class of property owners to proceed to trial to determine appropriate damages after finding Cook County liable for unlawfully keeping surplus proceeds from tax sale foreclosures; the owners have proposed a damage formula, but the county argues that using fair market value is improper under U.S. Supreme Court precedent.
(Source：Bloomberg Tax News)