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.
North Aurora is a village in Kane County, Illinois, United States. The population was 10,585 at the 2000 census, and estimated to be 14,394 as of 2005. In its early history, North Aurora was known as "Schneider's Mill" or "Schneider's Crossing" after John Peter Schneider, a German immigrant who established a mill and dam on the Fox River after moving to the area in 1834. Schneider Elementary School in North Aurora is named after him. School-age children in North Aurora attend public schools in the West Aurora Public School District 129. North Aurora's own district was absorbed into its neighbor, Aurora, in the early 1960s. Similarly, public spaces and parks are managed by the neighboring, larger Fox Valley Park District. North Aurora does maintain its own Fire Department, Police Department and Public Library District.