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.
Paulding is a village in and the county seat of Paulding County, Ohio, United States. It is located predominantly in Paulding Township. The population was 3,595 at the 2000 census. Paulding was a planned community, founded in 1848 at the center of the county, and named after the county by speculators who expected to profit by moving the county seat. In 1851, the county seat was moved from Charloe, which had been the county seat for a decade; prior to that, court was held at Rochester. The town square is devoted to the courthouse, an orange brick structure surrounded by trees upon a spacious lawn. In the centennial year of 1876, the county commissioners determined to build a new courthouse, and visited many courthouses, finally deciding to erect a duplicate of the courthouse in Jackson, Michigan at a cost of $40,000. The courthouse was finished in 1886.