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.
Camargo is a village in Douglas County, Illinois. The population was 469 at the 2000 census. Camargo is at the intersection of Illinois Route 130 and U.S. Highway 36. Camargo is the oldest township in Douglas County. In 2006, the first annual Camargo Woolly Worm Festival was launched during the first weekend in October, attracting several local celebrities. This is to be an annual event.