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.
Childress (established 1887; incorporated 1890) is a city in Childress County, Texas, United States. The population was 6,778 at the 2000 census. It is the county seat of Childress County. Like the county, the city is named for George Campbell Childress, a native of Nashville, Tennessee, who was the principal author of the Texas Declaration of Independence. The county and city were incorporated more than four decades after Childress's death.