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.
Sweetwater is a town in Beckham and Roger Mills counties in the U.S. state of Oklahoma. It was incorporated in 2003. Named for nearby Sweetwater Creek, the town is at the junction of State Highway 30 and State Highway 152. The post office (zip code 73666), was established September 27, 1894. On May 5, 2007, a tornado, rated on the Enhanced Fujita Scale (EF scale) as EF3, travled on a path around 100 to 150 yards (91 to 138 m) wide and 7.5 miles (12 km) long. It began about 2.5 miles (4 km) south of Sweetwater and ended approximately 5 miles (8 km) north of Sweetwater, following State Highway 30. EF3 wind speeds range from 136 to 165 miles per/hour (mph; 219 to 266 km/h). It severely damaged several buildings in the town, including the church and high school, and destroyed eight homes. Elevation 2172 feet (662 m). It has an estimated population of around 103 people. The Sweetwater Public School District is one of the smallest public school districts in the state of Oklahoma. For the most recent data available, it tied with Boley for the smallest high school with 15 students. For a combined district, K-12, Sweetwater finished third behind, Boley (51) and Clarita (58), with 60 students.