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.
Glencoe (formerly, Mosquito and Mosquito Gulch) is an unincorporated community in Calaveras County, California. It lies at an elevation of 2749 feet and is located at 38°21′15″N 120°35′06″W / 38.35417°N 120.585°W / 38.35417; -120.585. The community is in ZIP code 95232 and area code 209. Glencoe was formerly called Mosquito Gulch. The business portion of the town was on the north side of Mosquito Gulch, but not one of the old buildings remains. The mines were first worked by Mexicans in the early 1850s. Quartz mining predominated but there was some placer mining as well. The town today is registered as California Historical Landmark #280. The first post office was opened at Mosquito in 1858 but closed in 1869; it was re-established as Mosquito Gulch in 1873. The name was changed to Glencoe in 1912; the post office closed again in 1916, but was re-established in 1947.