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.
Bossier City is a city in Bossier Parish, Louisiana, United States. "Bossier City, Louisiana (LA) Detailed Profile" (notes), City Data, 2007, webpage: C-BC. "Census 2000 Data for the State of Louisiana" (town list), US Census Bureau, May 2003, webpage: C2000-LA. As of the 2000 Census, the city had a total population of 56,461. Bossier City is closely tied to its larger sister city Shreveport, located on the western bank of the Red River. The Shreveport-Bossier City metropolitan area is the center of the region known as the Ark-La-Tex. Bossier is pronounced /ˈboʊʒər/, bō′·zhər. It is not the parish seat. The parish courthouse is located instead in Benton to the north of Bossier City.