Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.
Abingdon is a city in Knox County, Illinois, 50 miles (80 km) west of Peoria. It is part of the Galesburg Micropolitan Statistical Area. The city was first settled in 1828 and was incorporated in 1857. In 1890, 1,321 people lived here; in 1900, 2,022; and in 1910, 2,464. The population was 3,612 at the 2000 census.