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.
Lima is a city in the U.S. state of Ohio and the county seat of Allen County. The municipality is located in northwestern Ohio along Interstate 75 approximately 72 miles (116 km) north of Dayton and 78 miles (125 km) south-southwest of Toledo. As of the 2000 U.S. census, the city had a population of 40,081. The 2006 estimate was 38,219. It is the principal city of and is included in the Lima, Ohio Metropolitan Statistical Area, which is included in the Lima-Van Wert-Wapakoneta, Ohio Combined Statistical Area. Lima was founded in 1831. The Lima Army Tank Plant, built in 1941, is the world's sole producer of the M1 Abrams.