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.
Windham is a village located in Portage County, Ohio, United States. It is formed from portions of Windham Township, one of the original townships of the Connecticut Western Reserve. The population was 2,806 at the 2000 census. On July 1, 2006, the U.S. Census Bureau estimated 2,723 people resided in the village. In 1942, the US government chose Windham as the site of an army camp for workers at the newly-built Ravenna Arsenal. As a result, Windham experienced the largest increase in population of any municipality in the United States between the 1940 and 1950 censuses: The population increased from 316 residents to 3,946. Windham is part of the Akron Metropolitan Statistical Area. Owing to its location, which is slightly closer to Youngstown than Akron and significantly closer to Warren (at 12.8 miles away, even closer to Windham than the county seat of Ravenna), the village also positions itself in relation to cities in the Youngstown-Warren-Boardman, OH-PA Metropolitan Area. Accordingly, the sole bank in Windham holds membership in the Youngstown-Warren Regional Chamber of Commerce.