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.
Reedsville is a town in Preston County, West Virginia, in the United States. The population was 517 at the 2000 census. Reedsville was named for James Reed, who moved to the area in 1827 and owned land covering most of the future townsite. The first house in the community was built in 1855, and the town was named in 1856. Reedsville was incorporated in 1906.