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.
Pelham is a city and suburb of Birmingham in Shelby County, Alabama, United States. At the 2000 census the population was 14,369, but has grown to 20,120 according to the latest Census estimate in 2006. It was named for famed American Civil War officer John Pelham. An F2 tornado damaged business buildings here along with Indian Springs, Helena, and Inverness on Palm Sunday March 27, 1994.