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 Hill is an unincorporated community located in southwestern Wake County, North Carolina, at the crossroads of old U.S. 1(State Road 1011, running northeast-southwest), New Hill-Olive Chapel Road (running north) and New Hill-Holleman Road (running south). New Hill is located along the original alignment of the New Hope Valley Railway between Durham and Bonsal. The community is near the southern terminus of the American Tobacco Trail, as well as Progress Energy's Shearon Harris nuclear power plant and the associated Harris Lake recreation center. A regional wastewater reclamation project is currently planned for the area. The project is opposed by local residents who believe that placing the facility in the middle of their community will adversely impact their way of life.