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.
Tilton is a village in Danville Township, Vermilion County, Illinois, United States. It is part of the 'Danville, Illinois Metropolitan Statistical Area'. The population was 2,976 at the 2000 census. It is named after Charles Tilton, a friend of Abraham Lincoln, who worked for the railroads. Lincoln reputedly had Thanksgiving dinner at Tilton's house in the village in the 1850s.