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.
Reading is a city in southeastern Pennsylvania, USA, and seat of Berks County. The center of the Greater Reading Area, it had a population of 81,207 in the 2000 census; by 2008, it was estimated to have fallen to 80,560, making it the fifth largest city in Pennsylvania after Philadelphia, Pittsburgh, Allentown, and Erie, and the sixth largest municipality after Upper Darby Township.