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.
Waverly is a city in Bremer County, Iowa, United States. The population was 8,968 at the 2000 census. It is the county seat of Bremer County and is part of the Waterloo–Cedar Falls Metropolitan Statistical Area. The sister city of Waverly is the German city of Eisenach, which is famous for the Wartburg castle. Waverly is also the home of Wartburg College which is named after this castle.