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.
Fairbanks is a Home Rule City in and the borough seat of the Fairbanks North Star Borough, Alaska, United States. Fairbanks is the largest city in the Interior region of Alaska, and second largest in the state behind Anchorage. It is the principal city of the Fairbanks, Alaska Metropolitan Statistical Area which encompasses all of the Fairbanks North Star Borough and is the northernmost Metropolitan Statistical Area in the United States. According to 2008 Census Bureau estimates, the population of the city is 35,132, and the Fairbanks metropolitan area's population was 97,970. Fairbanks is home to the University of Alaska Fairbanks, the oldest college in Alaska.