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.
Intercession City is an unincorporated community located in central Florida, about five miles west of Kissimmee, Florida, in Osceola County, USA, on Highway 17/92. The elevation is 69 feet. Osceola County is in the Eastern time zone (GMT -5). The population is about 534, mostly blue-collar with a median family income of $37,000.