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.
Mountain Lake is a city in Cottonwood County, Minnesota, United States. The population was 2,082 at the 2000 census. Mountain Lake was initially comprised mostly of the 1,800 Russian Mennonites who settled there between 1873 and 1880. The city has gradually become more diverse, with the most recent immigrant groups being Lao, Hispanic, and Hmong people.