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.
Falcon is an unincorporated community in eastern Laclede County, Missouri, United States. It is about sixteen miles east of Lebanon on Route 32. It has a post office and a store that has struggled to keep business due to the Wal-Mart in neighboring Lebanon. The main school is named Gasconade C-4 Elementary/Middle School.