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.
Folly Beach is a city in Charleston County, South Carolina, United States. The population was 2,117 at the 2000 census. As defined by the U.S. Census Bureau, Folly Beach, located on historic Folly Island, is included within the Charleston-North Charleston Urbanized Area and the larger Charleston–North Charleston–Summerville Metropolitan Statistical Area.