06/04/2026
Owner delinquencies can sink a small condo association.
Legal collection action is never fun, but sometimes it is inevitable and the only way to right the ship.
Illinois has two legal options for addressing unpaid owner accounts.
• Eviction lawsuit (specific to Illinois and not available in all states)
• Lien and foreclosure
There are a number of factors that will determine the best option for your situation, and neither path is completely straightforward.
If you need expert help navigating a delinquency in your small association, Haus Financial Services is your perfect partner. We coordinate legal action between clients and attorneys, providing accurate financial information and guiding boards through each step of the process. https://hausfs.com