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.
Stoughton is a city in Dane County, Wisconsin, United States. It straddles the Yahara River about 20 miles southeast of the capital, Madison. Stoughton is part of the Madison Metropolitan Statistical Area. Its estimated population in 2004 was 12,692. Stoughton is known for its Norwegian heritage: It hosts a citywide celebration of Syttende Mai, the Norwegian constitution day, on the weekend closest to May 17. Its sister city is Gjøvik, Norway. Part of the city's celebration of its Norwegian heritage is the Stoughton Norwegian Dancers dance group, sponsored by Stoughton High School.