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.
Iberia is an unincorporated village in western Washington Township, Morrow County, Ohio, United States. The community is served by the Northmor Local School District which operates Iberia Elementary School in the community. Iberia is near to Galion, and Martel. The ZIP code assigned to Iberia by the United States Postal Service is 43325. The current population of Iberia is less than 200 as of the 2000 census. Iberia is northwest of Mount Gilead, the county seat.