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.
Goldfield is an unincorporated community and the county seat of Esmeralda County, Nevada, United States, with a resident population of 440 at the 2000 census. It is located about 240 miles (390 km) southeast of Carson City, along U.S. Route 95. Goldfield was a boomtown in the first decade of the 20th century due to the discovery of gold — between 1903 and 1940, Goldfield's mines produced more than $86 million. Much of the town was destroyed by a fire in 1924, although several buildings survived and remain today, notably the Goldfield Hotel, the Consolidated Mines Building (the communications center of the town until 1963) and the schoolhouse. Gold exploration still continues in and around the town today.