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.
Vanceboro is a town in Craven County, North Carolina, United States. The population was 849 at the 2008 census. Originally called Swift Creek, residents renamed the town for Zebulon B. Vance after he made a visit during his 1876 campaign for Governor. It is part of the New Bern, North Carolina Micropolitan Statistical Area.