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.
Webster City is a city in Hamilton County, Iowa, United States. The population was 8,176 at the 2000 census. It is the county seat of Hamilton County. Electrolux had a large plant here manufacturing washing machines/dryers, employing about 2,000. The town, which serves as a county seat, has no courthouse square; the county buildings are located on the far south side of town, near the four-lane Highway 20 bypass. Webster City is located at a junction of lines of the Canadian National and Union Pacific Railroads.