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.
Granite City is a city in Madison County, Illinois, United States, part of the Greater St. Louis metropolitan area. At the 2000 census, the population was 31,301, with a total of about 67,000 in the immediate area. Officially founded in 1896, Granite City was named by the Niedringhaus brothers who established it as a steel making company town for the manufacture of kitchen utensils made to look like granite. Granite City is often simply called "Granite."