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.
Browns Valley is a city in Traverse County, Minnesota, United States, adjacent to the South Dakota border. The population was 690 at the 2000 census. Browns Valley lies along the Little Minnesota River between the northern end of Big Stone Lake and the southern end of Lake Traverse, which is separated from the Little Minnesota River by a low and narrow continental divide that skirts the northern edge of town. The city, both lakes, and the river lie in the Traverse Gap, the bed of ancient Glacial River Warren, the outlet to Glacial Lake Agassiz which, when drained, became the valley of the Red River of the North.