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.
Caledonia is a village in Washington County, Missouri, United States. The population was 158 at the 2000 census. Caledonia is part of the St. Louis Metro Area. The village was founded in 1819 and is named after the Roman Empire's Latin name for Scotland. It is 4 miles east of Belgrade, Missouri.