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.
Southport is a city in Brunswick County, North Carolina, near the mouth of the Cape Fear River. Its population was listed as 2,351 for the 2000 census. It is part of the Wilmington Metropolitan Statistical Area. A popular filming location for television and movies, the small town can be seen in the television shows "Dawson's Creek" and "Spies" and the movies "I Know What You Did Last Summer," "Summer Catch," "Crimes of the Heart", and "A Walk to Remember," among others. It is the site of the proposed North Carolina International Port, and its marina has been the subject of media attention surrounding its possible sale.