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.
Piercy is an unincorporated community in Mendocino County, California. It is located on the South Fork of the Eel River 9 miles (14 km) north-northwest of Leggett, at an elevation of 794 feet (242 m). The first post office at Piercy opened in 1920. The name honors Sam Piercy, who settled there around 1900.