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.
Lemont is a relatively affluent village in Cook, DuPage, and Will Counties in the U.S. state of Illinois, and is roughly 27 miles (43km) southwest of Chicago. The population was 13,098 at the 2000 census. A great percentage of the village's residents are predominately White, making it one of the least diverse suburbs of the Chicago metropolitan area.