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.
Poulsbo is a city on Liberty Bay in Kitsap County, Washington, United States. It is the third largest city in Kitsap County and one of the main suburbs of Seattle in the Kitsap area. The population was 6,813 at the 2000 census. Poulsbo has a long history as a destination for immigrants from Scandinavia, particularly Norway and Finland. Downtown Poulsbo maintains a Scandinavian theme in its shops and restaurants, and is a popular regional tourist destination. One of its local products is now available worldwide, Poulsbo Bread, originally made in the local bakery. Many visitors arrive by boat; there are three marinas near the town, and the town's harbor is an excellent anchorage.