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.
Midway City is an unincorporated community located in Orange County, California. It is bordered by the cities of Westminster to its east and Huntington Beach to its west. It was so named because it is midway between Long Beach and Santa Ana. It is one of Orange County's oldest communities, and many of its homes are 1950s construction. It includes two mobile home parks. The residents that live here are moderate income, with many of them senior citizens. Although it is only 2.4 square miles (6.2 km), it has over 15,000 residents. Recently, the Local Agency Formation Commission announced that the community might be annexed to Huntington Beach, which is the city that is most financially capable of encompassing the community. Prior attempts for annexation have met fierce resistance from its residents who would rather stay an unincorporated area of the county to maintain lower water and property rates than neighboring communities. Signature drives have been highly successful in repelling annexation attempts from not only Huntington Beach, but the city of Westminster to its Southwest. The ZIP Code is 92655, and the community is inside area codes 657 and 714.