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.
Prudhoe Bay is a census-designated place (CDP) located in North Slope Borough in the U.S. state of Alaska. As of the 2000 census, the population of the CDP was 5 people; however, at any given time several thousand transient workers support the Prudhoe Bay oil field. The airport, lodging, and general store are located at Deadhorse; the rigs and processing facilities are located on scattered gravel pads laid atop the tundra. It is only during winter that the surface is hard enough to support heavy equipment and new construction happens at that time. Prudhoe Bay is the unofficial northern terminus of the Pan-American Highway. A few tourists, arriving by bus after a two-day ride up the Dalton Highway from Fairbanks, come to see the tundra, the Arctic Ocean, and the midnight sun, staying in lodgings assembled from modular buildings. Prudhoe Bay was named in 1826 by British explorer Sir John Franklin after his classmate Captain Algernon Percy, Baron Prudhoe.