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.
Wichita Falls is a city in and the county seat of Wichita County, Texas, United States, United States. Wichita Falls is the principal city of the Wichita Falls Metropolitan Statistical Area, which encompasses all of Archer, Clay and Wichita counties. According to the U.S. Census estimate of 2008, the city had a population of 101,202. Sheppard Air Force Base, a United States Air Force base, is located in Wichita Falls. Wichita Falls is sister city to Fürstenfeldbruck in Bavaria, Germany.