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.
Proctor is an unincorporated community located in Comanche County, Texas, United States. According to the Handbook of Texas, the community had an estimated population of 220 in 2000. It is situated along U.S. Highway 377 in eastern Comanche County, approximately twelve miles northeast of Comanche. Thomas O. Moore established the community in 1872. The settlement was moved to its present site in the early 1890s to be on the route of the Fort Worth and Rio Grande Railroad. Briefly known as Camden, the name was soon changed to Proctor. During the early twentieth century, Proctor flourished, but began to decline by the 1930s. The community is now home to around 220 residents. Although Proctor is unincorporated, it has a post office, with the ZIP code of 76468.. Public education in the community is provided by the Comanche Independent School District.