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.
Crane is a city in and the county seat of Crane County, Texas, United States. The population was 3,191 at the 2000 census. An oil boomtown dating from the 1920s, it is still in the center of a prominent oil-producing region. Crane is the only significant town in sparsely-populated Crane County, and also contains the county's only post office.