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.
Climax is an unincorporated community in Guilford County, North Carolina, USA. Its Zip Code is 27233. It is located along North Carolina Highway 22 and North Carolina Highway 62 near its junction with the U.S. Highway 421 freeway. The oddly named community is found just south of Pleasant Garden and is nearly on the Randolph County line. Climax is also home to the Hobson Cricket Grounds where teams from the Mid Atlantic Cricket Conference compete. A small general aviation airport (Southeast Greensboro) is also located in Climax. Famous Nascar team Petty Enterprises is located nearby in neighboring Level Cross.