Illinois workshops aim to help avert foreclosures

CHICAGO (AP) - Illinois is holding the first of several planned events to help struggling homeowners avoid foreclosure.

Gov. Pat Quinn announced Saturday's workshop in the west Chicago neighborhood of Berwyn. It's the first of 6 workshops organized by the Illinois Foreclosure Prevention Network.

Illinois was ranked eighth among states with the highest foreclosure rates for last year.

According to RealtyTrac, one out of every 51 homes in Illinois received a foreclosure filing in 2011.

The group says the Chicago area has been especially hard hit and has the nation's largest inventory of foreclosed homes.

As of last year, there were nearly 100,000 properties owned by banks or in some stage of foreclosure in the Chicago metro area.

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