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.
Bar Harbor is a town on Mount Desert Island in Hancock County, Maine, United States. As of the 2000 census, its population is 4,820. A port of entry for Bay Ferries from Yarmouth, Nova Scotia, Canada, Bar Harbor is a famous summer colony in the Down East region of Maine. It is home to the College of the Atlantic, Jackson Laboratory and Mount Desert Island Biological Laboratory. Bar Harbor is home to the largest parts of Acadia National Park, including Cadillac Mountain the highest point within 25 miles (40 km) of the coastline of the Eastern United States, and, offshore, the Porcupine Islands.