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.
Bartlett is a village located in both Cook County and DuPage County, Illinois. A small parcel on the western border is in Kane County. The population was 36,706 at the 2000 census. A 2002 recount gave the village a population of 37,304. In 2007 another recount gives the village a population of 41,500. The community now known as the Village of Bartlett was named after founder Luther Bartlett who offered land to the railroad. Large and expensive homes make up newer subdivisions, modestly priced and sized homes make up the older and downtown sections of Bartlett, while apartment blocks and a mobile home park cater to the lower-income residents of the village.