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.
Opelika is a city in and the county seat of Lee County in the east central part of the U.S. state of Alabama. It is a principal city of the Auburn-Opelika Metropolitan Area. According to 2008 Census estimates, the population of Opelika was 26,808. The Auburn-Opelika, Alabama MSA with a population of 130,516 which, along with the Columbus, Georgia-Alabama MSA and the Tuskegee, Alabama Micropolitan Statistical Area, comprises the greater Columbus-Auburn-Opelika, Georgia-Alabama Combined Statistical Area a region home to approximately 500,000 residents