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.
Roxana is a village in Madison County, Illinois, United States. The population was 1,547 at the 2000 census. A majority of the land in Roxana is taken up by the Wood River Conoco-Phillips oil refinery; the refinery was built and originally owned by Shell Oil and has also been owned by Premcor. As of December 2005, the Refinery refines 306,000 barrels of oil per day to produce gasoline, jet fuel, diesel, asphalt, propane and other products, and supplies part of the St. Louis region, Chicago, Indiana and Ohio. Roxana is considered to be part of the Riverbend or Metro East area, including Alton, East Alton, Godfrey, Rosewood Heights, Bethalto, Wood River, Hartford and South Roxana. Roxana is known for its smell, being located in the midst of four oil refineries. It is also well-known for its bright Christmas lights, lining Illinois Route 111, its main street, throughout the holiday season each year. The zip code for Roxana is 62084.