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.
Le Sueur is a city in Le Sueur and Sibley counties in the U.S. state of Minnesota, between Mankato and the Twin Cities. It lies along the Minnesota River, just off U.S. Route 169. Le Sueur was named in honor of the French explorer Pierre Charles Le Sueur. The population was 3,922 at the 2000 census. The community is known locally as the "Valley of the Jolly Green Giant". A large billboard, with the caption "Welcome to the Valley" and Green Giant logo, remains even after the company and Green Giant label were bought by Pillsbury in 1979. Now the Green Giant label is owned by General Mills and is canned in Montgomery, Minnesota. The old canning processing plant in Le Sueur was used until 1995. The warehouse is still used for storage.