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.
Elkhorn was a city in Douglas County, Nebraska, United States and is a present-day neighborhood on the western edge of Omaha. The population was 6,062 at the 2000 census and was estimated by the Census Bureau at 8,192 in 2005. The area was named after the river of Elkhorn or Elk's Horn, of the Omaha tribe.