Addison is a village located west of the Chicago Metropolitan Area, in DuPage County, Illinois, United States. The population was 35,914 at the 2000 census. The estimated population was 36,378 as of 2002. The Village of Addison lies on Salt Creek. The community itself was named after 18th century writer Joseph Addison. The Addison Industrial District was the proposed location for the reconstruction of Comiskey Park before it was voted down. Adventureland amusement park was located in Addison (Lake and Medinah)during the 1960s and 1970s. Larry Hartwig has been the Mayor of Addison since 1995. Other elected officials include Village Trustee and Deputy Mayor Rich Veenstra, Village Trustees Sylvia Layne, Harry Theodore, Tom Hundley, Bill Lynch, and Joe McDermott, and Village Clerk Lucille Zucchero. The town of Triggiano, Italy is the sister city of Addison

Foreclosure Law Lawyers In Addison Illinois

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What is foreclosure law?

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.

Answers to foreclosure law issues in Illinois

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...

When facing foreclosure it is important that homeowners understand all of the options available to help prevent...