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.
Arctic Village is an unincorporated Native American village and a census-designated place (CDP) in Yukon-Koyukuk Census Area, Alaska, United States. As of the 2000 census, the population of the CDP was 152. The village is located in the large Gwitch'in speaking region of Alaska, and the local dialect is known as Di'haii Gwitch'in or Kutchin. As of 1999, over 95% of the community speaks and understands the language. (Kraus, 1999)