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.
New Richland is a city in Waseca County, Minnesota, United States. The population was 1,197 at the 2000 census. Located in rural south-central Minnesota, New Richland is a small town with a strong agricultural base. Town life centers around its school, New Richland-Hartland-Ellendale-Geneva High School (NRHEG) and its various extra curricular activities. In 1976 and 1978 the then, New Richland-Hartland Cardinal football team won the State Championship and in 1999 the NRHEG Wrestling Team took 2nd in the state team tournament. In 2003, 2004, and 2005 wrestling team traveled to the state tournament in St. Paul in which they earned participation rights, 4th place, and consolation champs respectively. There have also been many high state awards earned in individual activities including speech, track & field and wrestling.