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.
Newport is a city in Lincoln County, Oregon, United States. It was incorporated in 1882, though the name dates back to the establishment of a post office in 1868. As of the 2000 census, the city had a total population of 9,532, an increase of nearly 13% over its 1990 population; an unofficial 2006 estimate listed Newport's population at 10,240 residents. Newport is the county seat of Lincoln County. It is also the home of the Oregon Coast Aquarium, Nye Beach, Yaquina Head Lighthouse, and Rogue Ales. In mid-2011, the National Oceanic and Atmospheric Administration will move its base for research ships from Lake Union (in Seattle) to Newport. The base has about 110 marine officers and a total of 175 employees. It will base four ships and provide support for up to two itinerant vessels. NOAA already has some personnel at the Hatfield Marine Science Center which support the Alaska Fisheries Science Center. The ships will join the RV Wecoma which is based at the center.