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.
Lakeville is a village in the town of Salisbury in Litchfield County, Connecticut, on Lake Wononskopomuc. The village includes Lakeville Historic District, which is listed on the National Register of Historic Places. The district represents about 10 acres of the village center of Lakeville where the street grid remains virtually unchanged from the late 19th century. The district is defined to include properties and sites that contributed to the historical development of the village. It is noted that the district area "is surrounded by a much larger area containing many additional historic industrial, commercial, residential, religious, and recreational sites and structures."