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.
Narragansett is a town in Washington County, Rhode Island, United States. The population was 16,361 at the 2000 census, although there is a greater population in the summer. The nickname for the town is 'Gansett. ' For geographic and demographic information on the village of Narragansett Pier, which is part of Narragansett, see the article Narragansett Pier.