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.
Eldon is a city in Wapello County, Iowa, United States. The population was 998 at the 2000 census. Eldon is the site of the small Carpenter Gothic style house that has come to be known as the American Gothic House because Grant Wood used it for the background in his famous 1930 painting American Gothic. Roseanne Barr and Tom Arnold (who was born in nearby Ottumwa) opened Roseanne and Tom's Big Food Diner, specializing in loosemeat sandwiches (similar to the specialty of the Lanford Lunch Box, which was owned by the Connor family on the ABC sitcom Roseanne), in Eldon. The restaurant was short-lived, operating from March 13, 1993, until 1995. (The couple divorced in 1994.)