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.
Flatonia is a town in southwestern Fayette County, Texas, United States. It is located on Interstate 10 and the Southern Pacific Railroad, twelve miles west of Schulenburg. The population was 1,377 at the 2000 census. It was incorporated in 1875 and is known for its German and Eastern European heritage and the local "Czhilispiel" festival; the festival, named after Czech people who like to eat chili, receives visitors from a large area in Central Texas.