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.
Bayou La Batre is a town in Mobile County, Alabama, United States. It is included in the Mobile metropolitan statistical area. At the 2000 census, the population was 2,313. According to the 2005 U.S. Census estimates, the city had a population of 2,725. Bayou La Batre is a fishing village with a seafood-processing harbor for fishing boats and shrimp boats. The local Chamber of Commerce has described the city as the "Seafood Capital of Alabama" for packaging seafood from hundreds of fishing boats. Bayou La Batre was the first permanent settlement on the south Mobile County mainland and was founded in 1786, when French-born Joseph Bouzage (Bosarge) [1733-1795] was awarded a 1,259-acre (5.1 km) Spanish land grant on the West Bank of the bayou (see history below). The modern City of Bayou La Batre was incorporated in 1955. Bayou La Batre was featured in the 1994 movie Forrest Gump and the book upon which it is based. In April 2005, Disney Studios launched a secretly built pirate ship, the Black Pearl, out of Bayou La Batre for filming sequels to '. On August 29, 2005, the area was devastated by Hurricane Katrina, which produced the largest storm surge ever recorded in the area, reaching nearly 16 feet and pushing many shrimp boats and the cargo ship M/V Caribbean Clipper onto shore.