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.
Hereford is a city in Deaf Smith County, Texas, United States. The population was 14,597 at the 2000 census. It is the only incorporated Hereford in the country. It is the county seat of Deaf Smith County. Hereford's local water supply contains an unusually high level of naturally-occurring fluorine. Since fluoride is used to protect against tooth decay, Hereford earned the title "The Town Without a Toothache". High levels consumed by longtime or young residents results in staining, though. It is also known as the Beef Capital of the World because of the large number of cattle fed in the area (the city is named for the Hereford breed). The local economy is affected significantly by growth in the dairy industry and ethanol industry. The area is known for its semi-arid climate with heavy farming and ranching throughout the area sustained by irrigation from the Ogallala Aquifer and the saltier Santa Rosa Aquifer beneath it. A rich Western heritage includes the Las Escarbadas ranch house of the XIT Ranch located southwest of Hereford in Deaf Smith County. The restored historic structure can now be seen at the Texas Tech Ranching Heritage Center.