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.
Whitney is a town in Hill County in Central Texas. The population was 1,833 at the 2000 census. Whitney is a rural lakeside community, and site of the very first bass fishing tournament. Created by the local newspaper, it took place on Lake Whitney in 1955 with 73 teams participating.