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.
Selbyville is a town in Sussex County, Delaware, United States. The population was 1,645 at the 2000 census. It is part of the Seaford, Delaware Micropolitan Statistical Area. Selbyville traces its history back to its founding in 1778. It was incorporated in 1902. Selbyville was originally known as Sandy Branch due to its location at the head of the St. Martin's River, where a grist mill and saw mill operated. In 1842, Sampson Selby began marking packages for delivery to his country store, Selby-Ville. By 1918, Selbyville was the major supplier of strawberries for the entire east coast, an industry that remained strong until the 1930s. Today, one of its main employers is Mountaire Farms, a poultry company, which runs a processing plant on Hosier Street. This town is also home of the Mumford Sheet Metal Works, which once held the world record for the largest frying pan in 1950.