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.
Merrill is a city in Plymouth County, Iowa, United States, along the Floyd River. The population was 754 at the 2000 census. Merrill is among the oldest towns in northwest Iowa. Named for Governor Samuel Merrill, the city was officially recognized on February 27, 1872. In 2007, the city hired Drake University public relations seniors to research and develop strategies to attract new residents.