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.
Kenansville, Florida, USA, is an unincorporated community and near-ghost town with a population of just under 1000, a large number of which are over the age of 50, located at the junction of Osceola County Road 523 and U.S. Highway 441 in Osceola County, Florida. The town is named for Mary Lily Kenan Flagler, the wife of the prominent railroad entrepreneur Henry Morrison Flagler. Once a semi-successful place whose economic activity revolved around cattle, Kenansville proved to be too far off the beaten path to be a viable community, especially after Florida's Turnpike, which passes by it, was built without an exit into the community. Children who live in or near the community are bused to St. Cloud area schools, a 45-minute drive away. Former PBR bull rider Tater Porter resides here. The "Heartbreak Hotel" is located in Kenansville. In decades past it got that name for being a very out of the way place where people from nearby cities would sneak away for illicit love affairs. It is still a working hotel and was recently renovated.