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On a Fixed Social Security Income, She Fell Behind on Property Taxes. A New Illinois Law Protects the Equity in Her Paid-Off Home.

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FOMOGRAM Editorial Desk
Aug 5, 2026
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On a Fixed Social Security Income, She Fell Behind on Property Taxes. A New Illinois Law Protects the Equity in Her Paid-Off Home.
EXECUTIVE SUMMARY

A paid-off home and a few thousand dollars in overdue property taxes should not be a catastrophic combination, but in Illinois they could cost a retiree every dollar of equity she spent decades building.

A paid-off home and a few thousand dollars in overdue property taxes should not be a catastrophic combination, but in Illinois they could cost a retiree every dollar of equity she spent decades building.

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