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.
Lincolnton is a city in Lincoln County, North Carolina, United States. The population was 9,966 at the 2000 census. It is the county seat of Lincoln County. The city and the county were named for Major General Benjamin Lincoln, who served in the Continental Army during the Revolutionary War. Lincolnton, a former textile mill town, is located northwest of Charlotte.