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.
Margarettsville, North Carolina, USA, is an unincorporated community in northern Northampton County. The community is part of the Roanoke Rapids, North Carolina Micropolitan Statistical Area. It is on North Carolina Highway 186, near the North Carolina-Virginia border. It is northeast of Turners Crossroads, has a Baptist Church, and a speedway, and is east of Seaboard. It has an unofficial population of 763.