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.
Bruceville-Eddy is a city in Falls and McLennan counties in the U.S. state of Texas. The population was 1,490 at the time of the 2000 census. A July 1, 2008 U.S. Census Bureau estimate placed the population at 1,539. The McLennan County portion of Bruceville-Eddy is part of the Waco Metropolitan Statistical Area.