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.
Virden is a city in Macoupin and Sangamon counties in the U.S. state of Illinois. The population was 3,488 at the 2000 census. The Macoupin County portion of Virden is part of the St. Louis, Missouri–Illinois Metropolitan Statisical Area, while the Sangamon County portion is part of the Springfield Metropolitan Statistical Area. The region around the Virden area is where the two metropolitan areas meet.