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.
Albany is a city in Benton and Linn Counties in the western part of the U.S. state of Oregon. It is located in the Willamette Valley and is the county seat of Linn County. As of the 2000 census, the city population was 40,852. As of 2007, Albany was the 11th largest city in Oregon. The estimated population was 48,770 in 2008.