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Updated over 8 years ago on . Most recent reply

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12
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1
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Zach Fox
  • Investor
  • Greenfield, IN
1
Votes |
12
Posts

My First Eviction! Help! I need some perspective.

Zach Fox
  • Investor
  • Greenfield, IN
Posted

I'll try to provide a quick summary. Tenant fell behind 2 months rent, so I started the eviction process in May. The property is in Hoffman Estates, IL. The tenant avoided being "served" by the sheriff, so we served by posting. (?) Now they haven't paid since March and they owe 5 months at $1975 plus late fees. The total, depending on if September rent is included, will be between $10k and $18k. Our court date is set for August 25th and now they are wanting to try to settle. A few questions...

1. My lawyer is telling me the judge will not award me late fees. Is this true? Why? 

2. Is it better to make an agreement out of court or go to court? What are the risks? 

3. What should I do to solidify my chances of actually receiving payment? 

Thank you for any help you can provide. 

Most Popular Reply

User Stats

286
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159
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Nancy Curran
  • Real Estate Investor
  • Chicago, IL
159
Votes |
286
Posts
Nancy Curran
  • Real Estate Investor
  • Chicago, IL
Replied

Chicago doesn't allow late fees but they do allow court costs so be sure to add that.  I wouldn't settle. Just put them on bad credit. You will hear from them at some point when they need a loan. 

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