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.
Del Rey Oaks (formerly, Del Rey Woods) is a city in Monterey County, California, United States. Del Rey Oaks is located just southeast of Seaside, at an elevation of 82 feet (25 m). The population was 1,650 at the 2000 census. Del Rey Oaks is a member of the regional governmental agency, Association of Monterey Bay Area Governments.