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.
Canyon is a city in Randall County, Texas, United States. The population was 12,875 at the 2000 census. It is the county seat of Randall County. It is the home of West Texas A&M University and Panhandle-Plains Historical Museum. Palo Duro Canyon State Park is some twelve miles east of Canyon. To the east of Canyon is the JA Ranch founded in 1877 by Charles Goodnight and John George Adair and still under the ownership of the Adair heirs. Canyon is part of the Amarillo, Texas Metropolitan Statistical Area. The town's public education is served by the Canyon Independent School District.