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.
Oatman is a former mining town in the Black Mountains of Mohave County, Arizona, United States. Located at an elevation of 2700 ft/896m, it began as a tent camp soon after two prospectors struck a $10 million gold find in 1915, though the area had been already settled for a number of years. Oatman's population grew to more than 3,500 in the course of a year. Oatman has the ZIP code of 86433. The 86433 ZIP Code Tabulation Area had a population of 128 at the 2000 census.