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.
Stillman Valley is a village in Marion Township, Ogle County, Illinois, United States. It lies east of Byron, south of Rockford, and west of Davis Junction. The population was 1,048 at the 2000 census. As of the 2005 estimate, Stillman Valley's population had risen to 1,097. The village is located on the Iowa, Chicago and Eastern Railroad, on the old Chicago Great Western Railway before it merged and was pulled up. Also, Illinois Route 72 runs through the village, and is near the location for the beginning of the Black Hawk War. The war memorial for the Battle of Stillman's Run is located in this village.