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.
Orangeville is a village in Stephenson County, Illinois, United States. The population was 751 at the 2000 census. The area's earliest white settlers arrived in 1833 and the village was platted in 1851 by John Bower, who is considered the village founder. In 1867 Orangeville was incorporated as a village. The town's central business district contains several 19th century commercial buildings many of which were built during the railroad boom of between 1888–1914. By the time the Great Depression was ongoing, business in Orangeville had started to decline, with the last bank closing in 1932. Orangeville is about two miles (3 km) south of the Illinois–Wisconsin border and about 35 miles (56 km) west of Rockford, Illinois. The town itself is located in farmland surrounded vale and rises from the Richland Creek on its west end, down High Street and into the central business district, where the Central House hotel occupies the highest lot. Public education in Orangeville is the responsibility of Orangeville Community School District #203 which operates an elementary school and a combination junior and senior high school.