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.
Cherokee is a town in Swain County, North Carolina, USA, within the Qualla Boundary land trust. It is located in the Oconaluftee River Valley, near the intersection of U.S. Route 19 and U.S. Route 441 within western North Carolina. Cherokee is the headquarters for the Eastern Band of Cherokee Indians.