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.
Oakwood is an unincorporated area in Buchanan County, Virginia. It is located at the intersection of U.S. Route 460 and County Route 624 and contains one of the campuses of the Appalachian College of Pharmacy, located on the campus of the former Garden High School.