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.
The City and Borough of Sitka is a unified city-borough located on the west side of Baranof Island in the Alexander Archipelago of the Pacific Ocean (part of the Alaska Panhandle), in the U.S. state of Alaska. With an estimated population of 8,986 in 2005, Sitka is the fourth-largest city by population in Alaska. The name Sitka (derived from Sheet’ká, a contraction of the Tlingit name Shee At'iká) means "People on the Outside of Shee," Sheet’-ká X'áat'l (often expressed simply as Shee) being the Tlingit name for Baranof Island.