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.
Tonopah is a census-designated place (CDP) located in and the county seat of Nye County, Nevada. It is located at the junction of U.S. Routes 6 and 95 approximately mid-way between Las Vegas and Reno. Its name was given to it by its founder, Jim Butler, and it is thought to be a Shoshone Indian word, pronounced "tow-nu-paw". Although the town previously had a variety of names, including Butler City, Jim Butler's name remained. It is said to mean "hidden spring". In the 2000 census the population was 2,627 and the CDP has a total area of 16.2 square miles (42 km), all land.