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.
Racine is an unincorporated community in Newton County, Missouri, United States. It is located along the Frisco RR tracks between Neosho and Seneca, Mo in Lost Creek Valley. Racine is on Route 86 about 6 miles west of Neosho and ten miles south of Joplin and about 5 miles northeast of Seneca and the Oklahoma state line. Some homes, a post office, a fire station, and a couple of businesses are located here. Many of the original settlers who arrived before the Civil War are buried in Burkhardt Cemetery just northeast of town at the junction of what is now known as Juniper and Jasmine Drives. Due to its proximity to many of the back-roads into the "dry state" of Oklahoma, illegal alcohol and low-tax tobacco was bootlegged through this part of Missouri up to the 1960s. There are several churches despite the small size of the town: one Apostolic Church and two Christian churches. The community is part of the Joplin, Missouri Metropolitan Statistical Area.