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.
Kannapolis is a city in Cabarrus, Mecklenburg, and Rowan counties in the U.S. state of North Carolina, northwest of Concord and northeast of Charlotte. The population was 36,910 at the 2000 census. It is the home of the Kannapolis Intimidators, the Class A affiliate of the Chicago White Sox, and it is the hometown of the Earnhardt racing family.