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.
Western Springs is an affluent suburb of Chicago located in Cook County, Illinois. As of the 2000 census, the village had a total population of 12,493. It is twinned with Rugeley, a small town in the United Kingdom. In November, 2007, BusinessWeek. com listed Western Springs second in a list of the 50 best places to raise children. The rankings were based on five factors, including school test scores, cost of living, recreational and cultural activities, number of schools and risk of crime. Western Springs ranked behind Groesbeck, Ohio.