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.
Eugene is the second-largest city in the U.S. state of Oregon and the county seat of Lane County. It is located at the south end of the Willamette Valley, at the confluence of the McKenzie and Willamette rivers, about 50 miles (86 km) east of the Oregon Coast. As of 2008, Eugene had a population of 154,620, and the greater Eugene-Springfield metropolitan statistical area (MSA) had a population of 346,560. While Eugene has long been the second-largest city in Oregon, it was briefly surpassed by Salem between 2005 and 2007. The Eugene-Springfield, Oregon MSA is the 145th-largest metropolitan statistical area of the U.S. Eugene is home to the University of Oregon. The city is also noted for its natural beauty, activist political leanings, alternative lifestyles, recreational opportunities, and focus on the arts. Eugene's motto is "The World's Greatest City of the Arts and Outdoors. " It is also referred to as the "Emerald City", and "Track Town, USA. " The Nike corporation had its beginnings in Eugene.