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.
Clermont is a city in Lake County, Florida, United States, west of Orlando. The population was 9,333 at the 2000 census. The City is essentially residential in character and its economy is primarily centered in retail trade as well as lodging and food and beverage establishments, which are tourism oriented. The historic downtown district is still much as it was 50 years ago and is a beautiful location for Clermont's many community events. It is part of the Orlando–Kissimmee Metropolitan Statistical Area. The Florida Citrus Tower, one of the first constructed Florida landmarks, is located in Clermont. The tower celebrated its 50th anniversary in December 2006.