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 Limerick is a town in Aroostook County, Maine, United States. The population was 523 at the 2000 census. The town was settled in 1775 and incorporated on March 18, 1837 from New Limerick Plantation. It received it name from the fact that many of its settlers had previously lived in Limerick in York County at the southern end of the state, which in turn was probably named after the Irish city of Limerick.