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.
Philo is an unincorporated community in Mendocino County, California. It is located 5.5 miles (9 km) northwest of Boonville, at an elevation of 331 feet (101 m). Philo is located in Anderson Valley in western Mendocino County. In the 2000 census, Philo had a population of 1,098. Situated along Indian Creek as it flows into the Navarro River, Philo is the home of KZYX, the local public radio station. Two small specialty lumber mills in Philo are all that remains of a once vigorous timber economy in Anderson Valley. Philo is the heart of the Anderson Valley wine region. (See Anderson Valley for a list of the region's winemakers. ) The first post office opened in 1888. The ZIP Code is 95466. The community is inside area code 707. Two versions of how Philo was named are current: first, that its founder Cornelius Prather named it after his favorite female cousin; second, that he named it for his former home at Philo, Illinois.