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.
Myra is an unincorporated community in western Cooke County, Texas, United States. It lies just off U.S. Route 82 west of the city of Gainesville, the county seat of Cooke County. Its elevation is 935 feet (285 m). Although it is unincorporated, it has a post office, with the ZIP code of 76253.