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.
Wasola is an unincorporated community in northern Ozark County, Missouri. It is sixteen miles north of Gainesville on Route 5 at the northern intersection with Route 95. A few businesses and homes are located there. The community was founded in 1912 and has an unknown derivation, according to Ramsay, possibly it is a coinage that is reminiscent of a Native American word.