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.
Homer is a city located in Kenai Peninsula Borough in the U.S. state of Alaska. According to 2005 Census Bureau estimates, the population was 5,364. One of Homer's nicknames is "the cosmic hamlet by the sea"; another is "the end of the road". A popular local bumper sticker characterizes the town as "Homer - A quaint little drinking village with a fishing problem."