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.
Burbank is a city in Los Angeles County, California. The estimated population in 2007 was 107,921. Burbank is located in two distinct areas, with its downtown, civic center and key neighborhoods nestled on the slopes and foothills that rise to the Verdugo Mountains, and other areas located in flatlands at the eastern end of the San Fernando Valley, 12 miles (19 km) north of Downtown Los Angeles. Billed as the "Media Capital of the World," many media and entertainment companies are headquartered or have significant production facilities in Burbank, including Warner Bros. Entertainment, Warner Music Group, NBC Universal, The Walt Disney Company, Cartoon Network, Viacom, and PBS. At one time it was referred to as "Beautiful Downtown Burbank" on Laugh-In and The Tonight Show Starring Johnny Carson. The city was named after David Burbank, a New Hampshire-born dentist and entrepreneur.