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.
Waldron, or Waldron Island, is an unincorporated town in San Juan County, Washington, United States. Although Waldron is not specifically tracked by the Census, the ZIP code is 98297, and this ZIP code is coextensive with Waldron Island. Neither Waldron nor Waldron Island can be considered an official name; locally, they are used interchangeably, although the post office name is Waldron. The population was 104 at the 2000 census. Despite its location in the generally well-to-do San Juan Islands, Waldron has no connections with the tourist industry and is notable for ranking among the poorest and most impoverished areas in the state of Washington. Due to the low cost of living, however, this may be seen as an inaccurate reflection of the actual quality of life.