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.
Olive Branch is an unincorporated community in Alexander County, Illinois, United States. Although it is unincorporated, it has a post office, with the ZIP code of 62969. The population of the ZIP Code Tabulation Area (ZCTA) for ZIP Code 62969 was 879 at the 2000 census. Olive Branch is part of the Cape Girardeau–Jackson, MO-IL Metropolitan Statistical Area.