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.
Memphis is a city in Hall County, Texas, in the United States. As of the 2000 census, the population was 2,479. It is the county seat of Hall County. Memphis is the birthplace of former U.S. Representative Larry Combest, who represented the Lubbock-based district from 1985-2003.