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.
Loughman is a census-designated place (CDP) in the north-east corner of Polk County, Florida, United States, near the Osceola county line. The population was 1,385 at the 2000 census. It is part of the Lakeland–Winter Haven Metropolitan Statistical Area. This area has grown rapidly since 2000 due, in large part, to its proximity to Walt Disney World and the Orlando, Florida area