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.
Coloma (formerly, Colluma and Culloma) is a small unincorporated former town in El Dorado County, California, USA. It is approximately 36 miles (58 km) northeast of Sacramento, California. Coloma is most noted for being the site where James W. Marshall first discovered gold in California, at Sutter's Mill on January 24, 1848, leading to the California Gold Rush. Today it is known as a ghost town and the centerpiece of the Marshall Gold Discovery State Historic Park. Coloma was designated a National Historic Landmark District on July 4, 1961 It lies at an elevation of 764 feet (233 m).