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.
Dunlap, located on Illinois 91, is a small village in Peoria County Illinois, United States. Its population was 926 people as of the 2000 census. Dunlap is part of the Peoria, Illinois Metropolitan Statistical Area and growth in the city of Peoria is extending towards the village. There are only a handful of businesses in the village's sixteen blocks. Dunlap High School is on the southeast fringe of the village and serves many students from northern areas of Peoria.