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.
Centralia is a city located in Marion, Washington, Clinton, and Jefferson Counties in the U.S. state of Illinois. The population was 14,136 at the 2000 census. The town was founded because it was the point where the two original branches of the Illinois Central Railroad, built in 1856, converged. The town is named for the railroad. The current mayor is Rebecca Ault. Because of its unique location within multiple counties, portions of Centralia are associated with different Core Based Statistical Areas (CBSAs). The Centralia Micropolitan Statistical Area includes all of Marion County. The Clinton County portion of the city is considered part of the St. Louis, MO–IL Metropolitan Statistical Area, while the Jefferson County portion lies within the Mt. Vernon Micropolitan Statistical Area. The portion of Centralia in Washington County is not considered part of any metropolitan or micropolitan area.