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.
Clarendon is a city in Donley County, Texas, United States. The population was 1,974 at the 2000 census. The county seat of Donley County, Clarendon is located on United States Highway 287 in the Texas Panhandle some sixty miles east of Amarillo. It was established in 1878 by Methodist clergyman L.H. Carhart as a "sobriety settlement" in contrast to typical boom towns of that era. It acquired the sobriquet "Saints Roost" from local cowboys: hence the unusual name of the Clarendon museum, the Saints' Roost Museum.