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.
Cayce is a city in Lexington and Richland counties in the U.S. state of South Carolina, along the Congaree River. The population was 12,150 at the 2000 census. It is part of the Columbia, South Carolina Metropolitan Statistical Area. Cayce lies mostly across the Congaree River from the state capital of Columbia, with a newly annexed section on the Richland County side awaiting development. Because both it and the neighboring town of West Columbia share road names and schools, they are frequently referred to jointly as Cayce-West Columbia. However, they are politically separate towns. The Congaree River has always played a dominant role of strategic importance in Cayce's development. Cayce and other local governments jointly developed the Riverwalk along the Congaree, which provides walking, jogging, and nature observation opportunities. Development on both sides of the river is an important factor driving the city's economy.