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.
Tipton is a town in Tillman County, Oklahoma, United States. The population was 916 at the 2000 census. Tipton also is home to the Tipton's children's Home which was founded in 1928, when Sol Tipton donated a plot of land to the founders. The original Home was in Canadian Texas. Tipton lies on the northern portion of the Tillman Terrace Aquifer, an alluvial aquifer in western Tillman County, associated with the southern extent of the North Fork of the Red River. The farmland surrounding Tipton is noted for high quality soils. "Tipton loam" is considered to be among the most ideal soils in the United States. Much of the farmland is devoted to irrigated cotton. Other crops include Alfalfa, silage corn, and wheat. Truck crops were grown in this area until the 1950s and have made a recent comeback.