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.
Lomira is a village in Dodge County, Wisconsin, United States. The population was 2,233 at the 2000 census. The village is located within the Town of Lomira, at the crossroads of State Highways 49, 67 and 175, and U.S. Route 41. It is two hours by car from Green Bay and one hour from Milwaukee.