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.
Corolla is an unincorporated community located in Poplar Branch township, Currituck County, North Carolina along the northern Outer Banks. It has a permanent population of approximately 500 people, however the population surges into the thousands during the summer vacation season. Corolla is home to the Currituck Beach Lighthouse, one of the seven North Carolina coastal lighthouses. Corolla is home to about 119 feral Banker horses. They are located on a 12,000 acre (49 km²) animal sanctuary situated north of the populated areas of Corolla. The Corolla Wild Horse Fund is a public charity whose mission is to protect and preserve the herd.