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.
Rosman is a town in Transylvania County, North Carolina, United States. The population was 490 at the 2000 census. The northern terminus of U.S. Route 178 is less than one mile northwest of Rosman on U.S. Route 64. The Pisgah Astronomical Research Institute is located about 6 miles north of Rosman, near Balsam Grove, North Carolina.