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.
Laconia is a city in Belknap County, New Hampshire, United States. The population was 16,411 at the 2000 census, which makes it the 9th-largest city in the state. It is the county seat of Belknap County. Laconia, situated near Lake Winnipesaukee, includes the villages of Lakeport and Weirs Beach. Each June for nine days beginning on the Saturday of the weekend before Father's Day and ending on Father's Day, the city hosts Laconia Motorcycle Week, also more simply known as 'bike week', one of the country's largest rallies, and each winter, the Laconia World Championship Sled Dog Derby. Laconia includes a branch of the New Hampshire Community Technical Colleges.