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.
Niota is an unincorporated community in Appanoose Township, Hancock County, Illinois. The community is located on the bank of the Mississippi River and is at the eastern end of the Fort Madison Toll Bridge, which connects Niota to Fort Madison, Iowa. Niota is the western terminus of Illinois Route 9 and is also served by Illinois Route 96, which is part of the Great River Road. The community suffered severe damage from the June 2008 Midwest floods. The Federal Emergency Management Agency (FEMA) proposed that the community be relocated and incorporated at a cost of $8.5 million, though most townspeople would prefer to stay where they are.