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.
Advance (pronounced with the stress on the first syllable) is an unincorporated community located in Davie County, North Carolina. It has a total land area of 62.3 square miles (161 km) and is located along Hwy NC 801 and Hwy 158 just south of Bermuda Run near the western bank of the Yadkin River. Advance is a part of the Piedmont Triad and is home to Shady Grove Elementary School. Neighboring communities and municipalities include: Bermuda Run, Mocksville, Hillsdale, and Yadkin College. The official population of Advance "common" is recognized as 10,762, but the actual population of Advance "proper" is known to be much lower.