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.
Dorchester is an unincorporated community in northwestern Allamakee County, Iowa, United States. It lies along local roads just off Iowa Highway 76, north of the city of Waukon, the county seat of Allamakee County. Its elevation is 738 feet (225 m). Although Dorchester is unincorporated, it has a post office, with the ZIP code of 52140, which opened on 21 May 1857. Dorchester is located in the Waterloo Township. Dorchester's location in the flood plain of the Upper Iowa River makes it vulnerable to flooding; the community was damaged by high waters in August 2007. It was worse hit on 8 June 2008 and succeeding days: over seven inches (over 18 cm) of rain fell on the 8th, and resulting record high floods of 22½ feet (20½ m) almost completely destroyed a trailer park that was a significant part of the tiny community. A LP gas tank from Dorchester was discovered just eight hours later in Lansing, on the opposite side of the county.