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.
Arcadia is a city in DeSoto County, Florida, United States. The population was 6,604 as of the 2000 census. According to the U. S Census estimates of 2005, the city grew to 7,151. It is the county seat of DeSoto County; it is also DeSoto County's only incorporated community. On October 27, 2009, President Barack Obama visited Arcadia, He became the first sitting president to do so. The city was devastated by Hurricane Charley on Friday, August 13, 2004.