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.
Fiddletown (from 1878 to 1932, Oleta) is an unincorporated community in Amador County, California. It lies at an elevation of 1683 feet. The current population is about 200. It is located at 38°30′14″N 120°45′20″W / 38.50389°N 120.75556°W / 38.50389; -120.75556. The town is registered as California Historical Landmark #35 and is listed in the National Register of Historic Places (NPS-78000655). The community is in ZIP code 95629 and area code 209. The town was first settled by Missourians in 1849 and in the 1850s served as a trading center for a number of mining camps in the area. The town also had one of the largest Chinese communities in the state (over 2,000 in the 1860 census). At the time of its founding, placer mining was the most popular mining technique, which is heavily dependent on water. The local water source, Dry Creek, ran dry during the summer months, during which time the miners were said to be "fiddling around," thus the name. However, one local citizen was embarrassed to be known as the "Man from Fiddletown" and successfully lobbied to have the name changed to Oleta (after his daughter) in 1878. After his death in 1932, town residents petitioned to have it restored to Fiddletown. A post office first opened in Fiddletown in 1853.