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.
Beatrice (with the stress on the a) is a city in Gage County, Nebraska, 40 miles (64 km) south of Lincoln on the Big Blue River. Named for the daughter of John F. Kinney, Beatrice Kinney, Beatrice is surrounded by rich agricultural country. Settled in 1859, Beatrice was incorporated as a town in 1871 and became a city two years later. In 1900, 7,875 people lived in Beatrice and 10,883 populated Beatrice in 1940. The population was 12,496 at the 2000 census. It is the county seat of Gage County. The city's name is pronounced "Bee-AT-russ". This pronunciation is credited to a brass-voiced railroad conductor.