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.
Ada is a village in Hardin County, Ohio, United States. The population was 5,582 at the 2000 census. In 2006, the city's population was estimated at 5,841. The Wilson Sporting Goods NFL football manufacturing facility is located in Ada, and is the only football manufacturing facility in the United States. The National Arbor Day Foundation has qualified Ada as a Tree City USA. In 1817, The Ohio Shawnee Native American tribe signed the Treaty of Fort Meigs to receive reservation land at Hog Creek near Ada.