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.
Pelham is an unincorporated community in northwest Caswell County, North Carolina at the North Carolina/Virginia border. It is often considered a suburb of nearby Danville, Virginia. Pelham is located along Pelham Loop Road near the eastern terminus of NC 700 at US 29. Neighboring communities, independent cities, and municipalities include Danville, Eden, Ruffin, Yanceyville, Purley, and Casville.