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.
Walnut Ridge is a city in Lawrence County, Arkansas, United States. The population was 4,925 at the 2000 census. The city is the county seat of Lawrence County. Walnut Ridge lies immediately north of Hoxie, Arkansas. The two towns form a contiguous urban area with approximately 8,000 residents. Williams Baptist College is in nearby College City.