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.
Fredericksburg is a village in Salt Creek Township, Wayne County, Ohio, United States. The population was 487 at the 2000 census. Fredericksburg is part of the Southeast Local School System. It was founded in 1824 by Jacob Frederick, and incorporated as a village in 1867.