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.
Grand Prairie is a city in Dallas, Ellis, and Tarrant Counties in the U.S. state of Texas and is a part of the Mid-Cities region in the Dallas-Fort Worth Metroplex. Grand Prairie is a suburb of both Dallas and Fort Worth and in 2006 had a population of 153,812.