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.
South Plains is an unincorporated community in northern Floyd County, Texas, United States. It lies along State Highway 207 north of the city of Floydada, the county seat of Floyd County. Its elevation is 3,215 feet (980 m). Although South Plains is unincorporated, it has a post office, with the ZIP code of 79258. South Plains' post office was first established in 1909 several miles from the current location; it was moved twice before reaching the current location in 1927, along the Fort Worth and Denver Railway. The community flourished in the 1920s, with a school and businesses being established, but the coming of the Great Depression caused the community to decline.