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.
Chanhassen is a city in Carver and Hennepin counties in the U.S. state of Minnesota. The population was 20,321 at the 2000 census, with a 2006 estimated population of 23,520. The origin of the name comes from the Dakota word chanhasen meaning "sugar-maple tree" (chan, tree; haza, a tree with sap). The northern metro area Hassan Township carries the latter syllable of the word to avoid confusion. Chanhassen was ranked as the #2 best place to live in America in 2009 by Money Magazine.