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.
Hastings is a city in Dakota and Washington counties in the U.S. state of Minnesota, near the confluence of the Mississippi and St. Croix Rivers. The population was 18,204 at the 2000 census. It is the county seat of Dakota County. The bulk of Hastings is in Dakota County; only a small part of the city extends into Washington County. The city is named for the first elected governor of the state of Minnesota, Henry Hastings Sibley. The advantages of the location that led to Hastings' original growth are that it is well-drained, provides a good riverboat port, and is close to a hydropower resource at the falls of the Vermillion River. Sites closer to the river confluence are either too swampy (Dakota county) or too hilly (Washington county and Pierce County Wisconsin). U.S. Route 61 and Minnesota State Highways 55 and 316 are three of the main arterial routes in the city.