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.
Bucyrus is a city in the U.S. state of Ohio and the county seat of Crawford County, located in northern Ohio approximately 28 miles (45 km) west of Mansfield. The population was 13,224 at the 2000 census. The city is the largest in Crawford County, and the center of the Bucyrus Micropolitan Statistical Area (as defined by the United States Census Bureau in 2003). According to James Croneis, former editor of the newspaper Bucyrus Telegraph-Forum, the name "Bucyrus" was derived from “Beautiful” and “Cyrus the Great", King of Persia by Col. James Kilbourne, who platted the community, making it the first community in the United States to use the name. Bucyrus, known as the Bratwurst Capital of America, is home to the Bucyrus Bratwurst Festival, which is held during the third weekend annually in August. Industries located in Bucyrus include tapered roller bearings; highly engineered plow blades, wing shoes, and moldboard shoes; rubber hoses; and fluorescent lightings. Bucyrus is also the home of ESCO Bucyrus, as well as D. Picking and Company, a family operated manufacturer of copper kettles and timpani drums, employing the same techniques since its establishment in 1874 by its founder Daniel Picking. The Bucyrus Foundry and Manufacturing Company, a predecessor to Bucyrus International, Inc. was founded in Bucyrus in 1880. The company moved to Wisconsin in 1893. The Lincoln Highway, later US Route 30, was routed through the city along Mansfield Street in 1913; in 1971 a modern limited access bypass was built to the north but the associated freeway links to the east and west of Bucyrus, replacing the old two-lane Lincoln Highway route, were not completed until 2005, nearly 35 years after they were first proposed. On March 10, 2007, Bucyrus was featured as the town of the week on the nationally-syndicated Public Radio International program, Whad'Ya Know?.