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.
Michigan City is an unincorporated community in Benton County, Mississippi, United States. It is located along Mississippi Highway 7 in north central Benton County, just south of the Tennessee state line, approximately three miles north of U. S. Route 72. Although it is unincorporated, Michigan City has a post office, with the ZIP code of 38647.. The nearly abandoned Mississippi Central Railroad runs through Michigan City, and is only used rarely for freight trafficking. Michigan City is neighbored by Grand Junction, Tennessee to the north, Lamar, Mississippi to the south, Hopwell, Mississippi to the east, and Early Grove to the west.