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.
New Gloucester is a town in Cumberland County, Maine, in the United States. It is home to the Sabbathday Lake Shaker Village, the last active Shaker Village in the U.S. The town's population was 4,803 at the 2000 census, and has substantially grown 13.7% from then, placing the estimated 2008 population at 5,461 people. New Gloucester is part of the Portland–South Portland–Biddeford, Maine Metropolitan Statistical Area.