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.
Morrilton is a city in Conway County, Arkansas, United States, 51 miles (82 km) northwest of Little Rock. The town was home to Harding College, now Harding University of Searcy, Arkansas, for about a decade in the 1920s and 1930s. The population was 6,550 at the 2000 census. The city is the county seat of Conway County. Morrilton was the birthplace of former Lieutenant Governor Nathan Green Gordon (1916-2008), a distinguished naval aviator during World War II. Former Governor Winthrop Rockefeller's WinRock Farms is located near there.