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.
Loyalton is a city in Sierra County, California, United States. The population was 862 at the 2000 census. The ZIP code for the community is 96118. Wired telephone numbers in the community follow the format (530) 993-xxxx. The town is near the north extent of State Route 49, which ends at State Route 70 in Vinton, California. According to Rand-McNally, it is a fifty mile drive on State Route 49 to the county seat, Downieville. Many of the population are ranchers, loggers, former loggers, or suburbanites escaping from the growing Reno-Tahoe area.