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.
Clarkridge, Arkansas is a rural, unincorporated community north of Mountain Home in Baxter County, Arkansas, United States. Clarkridge has one post office, three churches and one resort on Norfork lake. Clarkridge has a Volunteer Fire Department with four stations and an ISO rating of 4. Clarkridge has been Volunteer Community of the year for five years.