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.
New Bern (the accent is pronounced on "New") is a city in Craven County, North Carolina with a population of 23,128 as of the 2000 census. The estimated population in 2006 was 27,650. It is located at the convergence of the Trent and the Neuse rivers, 87 miles (140 km) northeast of Wilmington. New Bern is the second oldest town in North Carolina and served as the capital of the North Carolina colonial government and then briefly as the state capital. It is the county seat of Craven County and the principal city of the New Bern Micropolitan Statistical Area. Originally a Swiss settlement, the city is named after the capital of Switzerland, Bern and shares its flag. The Swiss connection (just as the Dutch in New Amsterdam, and German immigrants in Pennsylvania Dutch) with England was established by Marian exiles and marriages of the Royal House of Stuart, important people in the history of the Calvinism. New Bern is commonly known as the birthplace of Pepsi Cola.