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.
Piketon is a village in Pike County, Ohio, United States, along the Scioto River. The village is best known for the uranium enrichment plant located there (one of only three such plants in the United States). The population was 1,907 at the 2000 census. Originally called Jefferson, it was the county seat of Pike County from 1815–1845, when it was decided by James Emmitt, a wealthy local entrepreneur, to move the county seat to Waverly due to its closer proximity to the then new Ohio & Erie Canal. It is not a large town, but a village. It is the location of the Pike County Fairgrounds, and is served by the Scioto Valley School District. Perhaps the best-known historic resident of Piketon was Robert Lucas, the governor of Ohio and territorial governor of Iowa. Around 1824, Lucas built a large brick house two miles east of Piketon, named Friendly Grove, which became an epicenter of local political activity. Piketon is served by the Western and Piketon branches of the Garnet A. Wilson Public Library.