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.
Park Falls is a city in Price County, Wisconsin, United States. Located in the woods of north central Wisconsin, primarily the Chequamegon National Forest, Park Falls is a small community divided by the North Fork of the Flambeau River, a popular destination for fishing, canoeing and whitewater rafting. The population of Park Falls was 2,793 at the 2000 census.