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.
Elmore is a city in Faribault County, Minnesota, United States. The population was 735 at the 2000 census. Elmore was the boyhood home of former vice president and presidential candidate Walter F. Mondale. The city motto at one time was "Not a Bad Border Town. " The motto was changed to the current "A Great Border Town".