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.
Leasburg is a former town and the former county seat of Caswell County, North Carolina. The community has a partial presence in Person County. The population was 1,942 at the 2000 census. It was named in honor of longtime resident William Lea and is located along US 158 and NC 119 near Hyco Lake. Leasburg is also the name of a Caswell County township.