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.
Lake Wales is a city in Polk County, Florida, United States. The population was 10,194 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 11,802 . It is part of the Lakeland–Winter Haven Metropolitan Statistical Area. The center of population of Florida is located in Lake Wales . Lake Wales is located in central Florida, west of Lake Kissimmee and east of Tampa.