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.
Fort Walton Beach is a city in southern Okaloosa County, Florida, United States. As of 2004, the population estimate for Fort Walton Beach, Florida is 19,992 recorded by the U.S. Census Bureau. It is a principal city of the Fort Walton Beach–Crestview–Destin Metropolitan Statistical Area. Fort Walton Beach is a year round fishing and beach resort community. Its busiest time of the year is during the summer, with spring break being another busy time when thousands of people flock to the Emerald Coast.