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.
Beaver is a town in and the county seat of Beaver County, Oklahoma, United States. The population was 1,570 at the 2000 census, at which time it was a city; the city became a town in November 2005. It is located on Beaver River, and began as the location of a fur-trading post in 1879. Its original name was Beaver City, and was planned to be the capital of the short-lived Cimarron Territory. In 1890, the territory was assigned to Oklahoma Territory, and Beaver City became the seat for the entire Oklahoma Panhandle, then known as Seventh County. The town is host to the annual World Cow Chip Throwing Championship.