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    marsap's Avatar
    marsap Posts: 2, Reputation: 1
    New Member
     
    #1

    Feb 11, 2008, 11:50 AM
    Rights after a Sheriff's Sale in Illinois
    My house was sold at a Sherriff's Sale and I have received notice from the sheriff with the date I need to be out of the house. I attempted to work out a plan with the bank, they asked me for document and $6000 which I provided. At the last minute they decided not to work out a plan and did not return the $6000. Is this legal? Also, I was told that if I came up with more money which I have they would reinstate my loan or that I can have someone purchase it back from the bank. I have been trying to communicate with the bank for about a month with no luck (they wouldn't reply or return my calls). Any suggestions. I have 2 weeks before I need to be out.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Feb 12, 2008, 04:47 AM
    Hello m:

    I think the date has come and gone for you. I don't know how the bank can reinstate your loan when somebody else owns the house. What are they going to tell him?

    Nope. You're bank screwed you when they took your $6K and then rebuffed your offer. Apparently, they're still trying to screw you by lying to you.

    excon
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Feb 12, 2008, 06:55 AM
    Did someone actually buy the house or did the bank? Do you have any documentation about the offer and the $6K payment.

    I would consult an attorney immediately to protect your rights.
    marsap's Avatar
    marsap Posts: 2, Reputation: 1
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    #4

    Feb 12, 2008, 07:46 AM
    The bank bought the house back, and all I have is copies of the cashier's check that I provided the bank.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #5

    Feb 12, 2008, 07:48 AM
    Well you need an attorney. But the bank's acceptance of that check does indicate an agreement was in place.

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