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.
Fall River is a city in Bristol County, Massachusetts, in the United States. It is located about 46 miles (74 km) south of Boston, 16 miles (26 km) southeast of Providence, Rhode Island, and 12 miles (19 km) west of New Bedford and 10 miles south of Taunton. The city's population was 91,938 during the 2000 census, making it the eighth largest city in the state. The 2008 population is listed as 90,931, a population decrease of 1.1% from 2000. The current mayor of the city is Will Flanagan, elected in 2009. Located along the eastern shore of Mount Hope Bay at the mouth of the Taunton River, the City became famous during the 19th century as the leading textile manufacturing center in the United States. While the texile industry has long since moved on (first to the South, and now overseas), its impact on the City's culture and landscape remains to this day. Fall River's motto is "Pride Citywide", but is currently being changed. It is nicknamed "The Scholarship City", which is seen on the welcome signs upon entering the city. Fall River is well-known for Lizzie Borden, who was accused, and later acquitted of the 1892 double axe-murder that occurred at her home on Second Street in the city. Fall River is also known for Battleship Cove, the world's largest collection of World War II naval vessels. Fall River is unique for the fact that it was the only city on the East Coast of the United States that had a naturally occurring waterfall that flowed into tidal waters. It is also the only city in the United States to have its government center located over an interstate highway.