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.
Sand Springs is a city in Osage and Tulsa counties in the U.S. state of Oklahoma. A suburb of Tulsa, it is located predominantly in Tulsa County. The population was 17,451 at the 2000 census. The city was founded by Oklahoma philanthropist Charles Page. He envisioned Sand Springs as a haven for orphans and widows. He helped found and develop Sand Springs as a model city that included all components of a total community. Today, Sand Springs is ripe with growth and development due to its strategic location near downtown Tulsa and proximity to cultural and recreational opportunities. Numerous private and governmental projects are currently underway to morph Sand Springs from a historically-rich bedroom community into a progressive and complete community.