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.
Quincy, known as the "Gem City", is a city on the Mississippi River and county seat of Adams County, Illinois, United States. As of the 2000 census the city had 40,366 people. The community is a river city and was built on top of the bluffs. Quincy serves as the economic and cultural hub of West-Central Illinois and is the primary city of the Quincy, IL–MO Micropolitan Statistical Area. During the 1800s the city was a stop on the Underground Railroad. It also sheltered hundreds of Mormons during their exile from Missouri. Today, Quincy is a thriving mid-sized industrial city that prides itself on its German heritage as well as its artistic expressions.