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.
Lillian is an unincorporated community in Johnson County, Texas, United States. It is located along Farm to Market Road 2738, approximately fifteen miles northeast of Cleburne. Lillian is part of the Alvarado Independent School District. Lillian Elementary School, which serves students in grades pre-kindergarten through four, is located in the community.