Monticello is a city in Wright County, Minnesota, United States. Monticello was founded in 1856 and celebrated its 150th anniversary in 2006. The population was 7,868 after the 2000 census; as of 2006 the population had risen to 11,414. The name Monticello is derived from the Italian word for "Little Mountain," it translates literally to English as hillock or small hill. The name Monticello was chosen because the city is situated at the base of a little mountain. In Monticello, an elementary school, a church and two businesses include Little Mountain in their name. Monticello is located on the Mississippi River at the northern edge of Wright County. Each winter, hundreds of trumpeter swans nest near Mississippi Drive Park in Monticello as the Mississippi River is heated from warm water discharged by the Monticello Nuclear Generating Plant. In anticipation of rapid population growth, Monticello created a comprehensive growth plan in 1996. A new high school was constructed in 1999. A new interchange was completed in 2006 on the east end of town, allowing residents full access to Interstate 94 from County Road 18. Since 2002, many retail outlets have been constructed, including a Wal-Mart Supercenter, a SuperTarget store, a Muller Family Movie Theatre, a new bowling alley, The Home Depot, Applebee's, Taco John's and an Arby's. This planned growth has also brought new auto dealerships, hotels, and industrial development. Monticello continues to attract new construction and business opportunities. A new Mills Fleet Farm store is planned for 2008 on the east end of Chelsea Road. A 2004 annexation agreement with Monticello Township is expected to help sustain Monticello's growth for the next twenty years. Monticello has many fine walking trails and parks, and it has one of the most impressive community centers in outstate Minnesota. The facility is widely used by local residents. Monticello's local newspaper is the Monticello Times.

Foreclosure Law Lawyers In Monticello Minnesota

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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 Minnesota

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...