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.
Lowgap is an unincorporated community in the Franklin Township of Surry County, North Carolina. Lowgap is named for the "low gap" the community is settled in among the Blue Ridge Mountains. The community has an elevation of 1,457 feet. Landmarks near the center of the community include the community post office, the community library housed in the former Lowgap School, fire department and area churches. North Carolina Highway 89, also known as West Pine Street, serves as the main thoroughfare in the community.