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.
Globe is a city in Gila County, Arizona, United States. According to 2005 Census Bureau estimates, the population of the city is 7,187. The city is the county seat of Gila County. Globe was founded c. 1875 as a mining camp. Mining, tourism, government and retirees are most important in the present-day Globe economy.