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.
Red Oak is a city in Ellis County, Texas, United States. The population was 4,301 at the 2000 census. More recent estimates of the city's population give it as 6,200. The North Central Texas Council of Governments projects that number to grow to 63,329 by the year 2030, as it is on the verge of explosive suburban growth. Red Oak was also the exterior location for filming "True Stories", a film by David Byrne of Talking Heads released in 1986.