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.
Arlington Heights is a village in Cook and Lake counties in the U.S. state of Illinois. An affluent suburb of Chicago, it lies about 25 miles northwest of the city's downtown. The population was 76,031 at the 2000 census. Arlington Heights is known for Arlington Park Race Track, home of the Arlington Million, a Breeders' Cup qualifying event; also hosted the Breeders' Cup Classic in 2002. It is also home to the Arlington Heights Memorial Library, which has one of the largest collections in the state, as well as the Metropolis Performing Arts Centre, Saint Viator High School, John Hersey High School, South Middle School and Thomas Middle School.