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.
Monticello is a town in Aroostook County, Maine, United States on the northern branch of the Meduxnekeag River. The population was 790 at the 2000 census. Originally known as Wellington Township, it was settled in 1830 by General Joel Wellington, who owned it, and incorporated in 1846.