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.
Texico (62889 - also called Field) is an unincorporated community in Jefferson County, Illinois, United States. The population was 943 at the 2000 census. Texico was named by Cashus M. Columbus Theodore Claybourn (1860 - 1936), a resident of Texico from his birth until 1901, when he moved to Texas. Cashus derived the name of "Texico" by using Tex for Texas where he had moved, the I for Illinois, the C for Claybourn, and O for Osborns, a family which owned the land on the south side of the main road in the town.