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.
Calumet City is a city in Cook County, Illinois, United States. The population was 39,072 at the 2000 census. The ZIP code is 60409. Calumet City (commonly referred to locally as "Cal City" or "Wild Cal") was founded in 1892 when the villages of Schrumville and Sobieski Park merged under the name of West Hammond, since it lies on the west side of the Illinois-Indiana border from Hammond, Indiana. In 1924, West Hammond officially changed its name to Calumet City. In addition to being bordered to the east by Hammond, it is also bordered by Burnham and Chicago to the north, Lansing to the south, and South Holland and Dolton to the west.