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.
Cee Vee is an unincorporated community in northwestern Cottle County, Texas, United States. It lies along FM 1440 northwest of the town of Paducah, the county seat of Cottle County. Its elevation is 1,880 feet (573 m), and it is located at 34°13′23″N 100°26′44″W / 34.22306°N 100.44556°W / 34.22306; -100.44556 (34.2231253, -100.4456741). Although Cee Vee is unincorporated, it has a post office, with the ZIP code of 79223; the ZCTA for ZIP Code 79223 had a population of 35 at the 2000 census. Cee Vee was founded on the land of the former CV Ranch; after the land was sold in 1927, a post office was opened in 1928. The postmaster wished to name the post office "CV;" as initials were invalid names for post offices according to Post Office Department guidelines, the letter names were spelled out. A school opened in the area in 1928 and continued until shortly before 1960. Cee Vee was long a commercial center for a primarily agricultural area, despite its small size.