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.
Milfay is a small unincorporated community in Creek County, Oklahoma, United States. The post office was established December 14, 1911. The community was named after Charles Mills and Edward Fay, two railroad officials. In the 2003-2005 HBO fictional television series Carnivàle, Milfay is the home town of Ben Hawkins, the series' main protagonist.