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.
Carrollton is a city in Denton County, Dallas County and Collin County in the U.S. state of Texas. As of 2005, census estimates the city's total population to be 122,699. Carrollton is a suburb of Dallas. The city of Carrollton has been named to America's 2006 Top 100 Places to Live for 2006 by Relocate America. Also, in 2006, Carrollton was selected as the 19th best place to live in the United States by Money magazine. It was later named the 15th best place to live in 2008 by Money magazine.