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.
Briggs is an unincorporated community in eastern Burnet County, Texas, United States. It lies along U.S. Route 183 northeast of the city of Burnet, the county seat of Burnet County. Its elevation is 1,102 feet (336 m), and it is located at 30°53′23″N 97°55′30″W / 30.88972°N 97.925°W / 30.88972; -97.925 (30.8896255, -97.9250199). Although Briggs is unincorporated, it has a post office, with the ZIP code of 78608; the ZCTA for ZIP Code 78608 had a population of 279 at the 2000 census. Founded as Springs, the community was soon renamed Gum Springs. The first settler in the area, a Missourian named W. T. Gann, arrived in the area in 1855, but the community was established along the Berry Creek in the last quarter of the nineteenth century. A post office was established under the name of Taylor's Gin (named for leading settler Stephen Taylor) on 27 March 1888; it did not assume its current name until 21 June 1898, when local doctor William Hazelwood was able to have the community renamed for his mother-in-law. The community prospered in the early 1900s; although major fires and the early effects of the Great Depression seriously impacted the community, it reached its height in 1936, from which it has since declined.