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.
Wallburg is a town in Davidson County, North Carolina. It is incorporated, but was never recognized as a CDP by the US Census prior to its incorporation in 2004. It is largely along North North Carolina Highway 109, about 8 miles southeast of Winston-Salem and about 5 miles northwest of High Point, North Carolina, between the intersections with Gumtree Road and Shady Grove Church Road, at an elevation of 920 feet above sea level. Neighboring municipalities include Kernersville, Thomasville, High Point, and Midway.