What does it mean to be named in a foreclosure notice?

Being named means you are identified as having a legal or financial interest in the property and should review the full court filing to determine your rights and required response.

Do I need to file a response if I'm listed as an occupant or business?

Possibly — occupants and businesses with an interest should consult the full notice or an attorney to see if they must appear or file an objection.

How can I find the case number and full foreclosure filing?

Check the county court records where the property is located or contact the attorney or plaintiff listed in the full notice to obtain the case number and documents.

Foreclosure Notice

Official courthouse record · Indexed in NoticeRegistry archive · AI-enriched for research

Affects:HomeownersTenantsCreditorsProperty BuyersDefendants

This notice lists parties named in a foreclosure-related legal action involving Karuna SRI, LLC and multiple individuals, businesses, and banks. It serves to notify those named—owners, occupants, creditors, and associations—that they are parties to the proceeding and may be affected by its outcome.

Key Takeaways

Multiple parties and businesses are named in a foreclosure action
Banks and condominium association listed as interested creditors
Named managers and registered agents for Karuna SRI, LLC included
Occupants and various businesses may have property interests at stake

Published: May 11, 2026 · 1 week ago
Category: Foreclosure

If you don't respond

If a named party does not respond or appear in the foreclosure action, they risk losing legal rights to object, which can lead to a default judgment or loss of property interest. Specific deadlines and consequences are set by the court in the full filing.

What to do next

1
Obtain full court filing
Locate the full foreclosure complaint at the county circuit clerk’s office to see deadlines, property details, and the case number.
2
Confirm party status
If you are named (owner, occupant, creditor, or agent), verify your role and any filing deadlines in the full document.
3
Consult an attorney
Speak with a foreclosure or real estate attorney promptly to understand defenses and next steps if your interest is at risk.

Frequently asked questions

What does it mean to be named in a foreclosure notice?: Being named means you are identified as having a legal or financial interest in the property and should review the full court filing to determine your rights and required response.
Do I need to file a response if I'm listed as an occupant or business?: Possibly — occupants and businesses with an interest should consult the full notice or an attorney to see if they must appear or file an objection.
How can I find the case number and full foreclosure filing?: Check the county court records where the property is located or contact the attorney or plaintiff listed in the full notice to obtain the case number and documents.

The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.

Legal terms in this notice

Registered Agent (R/A): A person or entity authorized to receive legal papers on behalf of a company.
Successor: An entity that takes over the rights and obligations of a prior entity.

Full Notice Text

TO: Illinois Secretary of State for Karuna SRI, LLC;
Karuna SRI, LLC; Ravichandra R. Velpuri as
Manager for Karuna SRI, LLC; Ravichandra R.
Velpuri as Manager for Karuna SRI, LLC; Dasaradha
R. Adabala as Manager for Karuna SRI, LLC;
Dasaradha R. Adabala as R/A for Karuna SRI, LLC;
Occupant; Aarnya, Inc.; Sai Meka; Shivam Indian
Groceries; Supreme Groceries; Bowes Commercial
Building A. Condominium Association, Inc.; Sargon
Tchado as President for Bowes Commercial Building
A. Condominium Association, Inc.; Karrsten Goettel
as R/A for Bowes Commercial Building A. Condo-
minium Association, Inc.; Karrsten Goettel as R/A for
Bowes Commercial Building A. Condominium Associa-
tion, Inc.; Sargon Tchado as President for Bowes
Commercial Building A. Condominium Association,
Inc.; St. Charles Bank & Trust Company, N.A., f/k/a
St. Charles Bank & Trust Company; Capital Bank
N.A., as Successor to West Town Bank & Trust; Capi-
tal Bank N.A., as Successor to West Town Bank &
Trust

Related Notices

Notice

DateCategoryCity

The storage facility issued a Notice of Liquidation requiring listed unit holders to pay outstanding balances in full by May 29, 2026, or their belongings may be liquidated. Several units have past-due amounts ranging from $225 to $1,950 and are many days delinquent.

May 13, 2026Foreclosure

This notice lists numerous named parties, trustees, registered agents, businesses, and occupants who are being notified in connection with a foreclosure-related action involving interests under Trust No. 5049. It appears to serve as service/notice to potentially affected owners and lienholders.

May 11, 2026Foreclosure

Foreclosure Notice

What to do next

Frequently asked questions

Legal terms in this notice

Related Notices

The storage facility issued a Notice of Liquidation requiring listed unit holders to pay outstanding balances in full by May 29, 2026, or their belongings may be liquidated. Several units have past-due amounts ranging from $225 to $1,950 and are many days delinquent.

This notice lists numerous named parties, trustees, registered agents, businesses, and occupants who are being notified in connection with a foreclosure-related action involving interests under Trust No. 5049. It appears to serve as service/notice to potentially affected owners and lienholders.

Foreclosure notice for unknown owners in Lake County, Illinois.

Foreclosure notice for unknown owners and non-record claimants.

This notice is for a mortgage foreclosure case.

This notice is for a mortgage foreclosure case.

Foreclosure case against multiple defendants regarding a mortgage.

Foreclosure notice for property at 2900 20th Place.

Notice of foreclosure for mechanic's lien filed in Lake County.

Foreclosure notice for mechanic's lien against multiple defendants in Lake County.