Circuit Court looking to dish out orphaned cash

01/05/2011 10:00 PM


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As foreclosures around Chicago have skyrocketed in recent years, South and West Loop condos have been hit hard.

But if a bank sells a foreclosed home for more than you owed them, the extra cash is turned over to the government.

The Clerk of the Circuit Court, Dorothy Brown, has millions of dollars worth of that cash sitting in a fund, and is trying to find its rightful owners.

Since many people who have been foreclosed on don’t know they’ve got money owed to them, though, much of the cash has simply been sitting around.

“Clerk Brown has been working very hard to locate owners of surplus funds,” Brown’s intergovernmental affairs officer, Catherine Zaryczny, wrote in an e-mail. “After a brief process, they are able to claim the funds plus interest.”

To find out if you’ve got money coming your way, search on the clerk’s website, http://services.cookcountyclerkofcourt.org/foreclosure.


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