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.
Austin is a city in Mower County, Minnesota, United States. The population was 23,314 at the 2000 census. It is the county seat of Mower County. The southern part of the city is in Austin Township while the northern part is in Lansing Township; the city is politically independent of both. Austin is located at the intersection of Interstate Highway 90 and U.S. Highway 218 in the southeastern part of the state. The town was originally settled along the Cedar River and it has two man-made lakes called East Side Lake and Mill pond. The meat packer Hormel Foods Corporation is the largest employer in Austin, where its factory makes most of North America's Spam tinned meat. The Austin Area Chamber of Commerce sponsors an annual Independence Day Freedom Fest. "Spam Town USA," as Austin is sometimes called, is also home to the Spam Museum.