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.
Riverside is an affluent suburban village in Cook County, Illinois, a significant portion of which is included in the Riverside Landscape Architecture District. The population was 8,895 at the 2000 census. It is a suburb of Chicago, located roughly 9 miles west of downtown Chicago and two miles outside city limits. The village was designated a National Historic Landmark in 1970.