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.
Foss is a town in Washita County, Oklahoma, United States. At one time the town had a population of nearly 1000 residents. During World War II, the town boasted a population of over 300 residents, relying primarily on Route 66 travellers (which passed half a mile south of the city) and a U.S. naval base south of the town that operated during wartime. A gas station and a café also operated in the town around that time. The population was 127 at the 2000 census. Today, though still incorporated, Foss is considered to be a ghost town.