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.
Laurel is a city located in Jones County in Mississippi, a state of the United States of America. As of the 2000 census, the city had a total population of 18,393 although a significant population increase has been reported following Hurricane Katrina. Located in southeast Mississippi, southeast of Jackson on Tallahala Creek, Laurel was founded in 1882 as a lumber town. An American Indian reservation is located in nearby Sandersville. Laurel is the principal city of the Laurel Micropolitan Statistical Area. Its major employers include Howard Industries, Sanderson Farms, Masonite Corporation, Family Health Center, Howse Implement, Thermo-Kool and South Central Regional Medical Center. Laurel is home to the Lauren Rogers Museum of Art (Mississippi's oldest art museum).