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.
Irene is an unincorporated community in Hill County, Texas, United States. It is located approximately twelve miles southeast of Hillsboro, near the intersection of FM 308 and FM 1946. Irene had an estimated population of 170 in 2000. Area students attend school in the nearby town of Bynum's supporting school district. Although it is unincorporated, it has a post office and its ZIP code is 76650.