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.
Webster Springs is a town in Webster County, West Virginia, United States. Although it was incorporated as Addison in 1892, it is more frequently referred to as Webster Springs, the name of the town's post office. It was named as such for Addison McLaughlin, upon whose land the town was originally laid out. The population was 808 at the 2000 census. The town was famous in the late 1800s and early 1900s for its numerous salt sulfur water wells. People believed that the water from the wells had medicinal qualities. The town also hosts the annual Webster County Wood Chopping Festival, a weekend-long competition in which lumberjacks from all over the world compete. The festival lasts from mid-week the week leading up to Memorial Day until the Sunday of Memorial Day weekend, when the festival ends with a fireworks display.