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.
Thomasville is a city in Davidson County in the U.S. state of North Carolina. The population was 19,788 at the 2000 census. The city is notable for its furniture industry as are its neighbors of High Point and Lexington. This Piedmont Triad community was established in 1852 and hosts the state's oldest festival, "Everybody's Day". Built around the local railway system, Thomasville is home to the oldest railroad depot in the state, just a few hundred feet from the city's most notable landmark, "The Big Chair".