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.
Mossville, Illinois is an unincorporated community between Peoria and Chillicothe in Peoria County, Illinois. Mossville is part of the Peoria, Illinois Metropolitan Statistical Area and resides closely to the northern part of Peoria. Centered on the Illinois River valley and the end of Illinois Route 6 at Illinois Route 29, Mossville informally encompasses a number of different neighhorhoods along the valley: Renchville, Brookview, a cluster of houses along the Illinois River referred to as "The Lanes", and Cedar Hills Estates, as well as the unincorporated village of 900 that can be considered Mossville proper. The Lake of the Woods subdivision, as well as Colony Point, both on the west bluff of the Illinois River valley overlooking Mossville, can also be considered to be part of the greater Mossville area.