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.
New London is a village in Huron County, Ohio, United States. The population was 2,696 at the 2000 census. The village motto, "The Right Place at the Right Time" was chosen in the late twentieth century by former Mayor Dorothy Sholes. New London has been designated Tree City USA by the National Arbor Day Foundation.