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.
Franklin is an incorporated town located in Franklin Township, within the Nantahala National Forest, in Macon County, North Carolina. As of the 2000 census, the town had a total population of 3,490. It is the county seat of Macon County. The Franklin, North Carolina area is rich in gems and minerals and is known as the "Gem Capital of The World."