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.
Sachse is a city in Collin and Dallas Counties in the U.S. state of Texas. It is a northeastern suburb of Dallas. As of the 2000 census, the city population was 9,751, but as of 2004, the population was estimated at 16,200. Northeast of Dallas, Sachse is approximately 1 mile (1.6 km) north of the President George Bush Turnpike and Firewheel Town Center. Sachse is home to the 18-hole Woodbridge Golf Course, home of the Northern Texas Chapter of the PGA of America. Sachse was founded by William Sachse, a Prussian immigrant, in 1845. Notable descendents of William Sachse include Russell Ingram, center for the 1973 Atlanta Falcons, and Kaitlin Ingram, current writer and former Editorial Assistant for the Dallas Observer. Purchasing 640 acres (2.6 km) from Collin County, Sachse erected the first cotton mills and gins in the county. There is currently a major historical revivalist movement, intending to restore several old buildings as well as create a local history museum.