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.
Ararat is an unincorporated community in the Long Hill Township of Surry County, North Carolina. Ararat is situated on, and is named for, the Ararat River. Ararat is along the former Atlantic & Yadkin Railway line from Mount Airy to Rural Hall that is now operated by the Yadkin Valley Railroad. Landmarks near the center of the community include the community post office, fire department and area churches.