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.
Gulf is an unincorporated community in southwestern Chatham County, North Carolina, United States, south of the town of Goldston. It is located on the Deep River. The community is home to a general store and several historical homes. It received its name from its location, at a wide bend in the Deep River. Gulf is the geographical center of North Carolina.