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.
Elizabeth is a town in Wirt County, West Virginia along the Little Kanawha River. The population was 994 at the 2000 census. It is the county seat of Wirt County. The townsite of Elizabeth was settled by William Beauchamp in 1796, and was known as "Beauchamp's Mills" until 1817, when it was named for Elizabeth Woodyard, the wife of David Beauchamp. Elizabeth was chartered by the Virginia General Assembly in 1822.