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.
Sterling is a city in Rice County, Kansas, United States. The population was 2,642 at the 2000 census. Peace was the original name of the Quaker community now known as Sterling, but in 1876 the named was changed by two brothers that named the town for their father, Sterling Rosan.