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.
Morrill is a village located in the extreme west panhandle of Scotts Bluff County, Nebraska, United States. It is part of the Scottsbluff, Nebraska Micropolitan Statistical Area. The population was 957 at the 2000 census. In 1886 the first settlers found a fertile valley at the mouth of the Sheep Creek draw and staked their claims. They came from Fort Collins, Colo. , in search of a new home. They called their new home Collins, which was located nearly a mile north of present Morrill. In 1900 the railroad determined the relocation of what is now Morrill. The new town was named for Charles Henry Morrill, president of the Lincoln Land Company. As president he laid out a tract of land for a town. In 1901 a post office was opened and the Village of Morrill was incorporated in April 1907. Some of the original buildings are still occupied today with thriving businesses. Electricity came to Morrill about 1912.