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.
Cannon Falls is a city in Goodhue County, Minnesota, United States. The population was 3,795 at the 2000 census. Located along U.S. Route 52 to the southeast of the Twin Cities, Cannon Falls may be best known as the home of Pachyderm Studio, where many famous musicians have recorded their music. Nirvana is probably the best known band to use the site. The group recorded In Utero at the studio. The city is named for the falls along the Cannon River and serves as the western trailhead for the Cannon Valley Trail. Information about the community of Cannon Falls can be obtained from the Cannon Falls Area Chamber of Commerce. Colonel William J. Colvill, a hero of the Battle of Gettysburg, is buried in the Cannon Falls Cemetery.