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 Bedford is a city in Bristol County, Massachusetts, United States, located 51 miles (82 kilometers) south of Boston, 28 miles (45 kilometers) southeast of Providence, Rhode Island, and about 12 miles (19 kilometers) east of Fall River. As of the 2000 census, the city had a total population of 93,768, and an estimated 2008 population of 91,365, making it the seventh-largest city in Massachusetts. New Bedford is nicknamed "The Whaling City" because it was, during the nineteenth century, one of the most important whaling ports in the world. The city, along with Fall River and Taunton, is one of three cities on the south coast of Massachusetts.