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.
Ovett is an unincorporated community in southeastern Jones County, Mississippi, United States. It is located just west of the De Soto National Forest and Highway 15. Although it is unincorporated, the community has a post office, with the ZIP code of 39464. Ovett is part of the Laurel Micropolitan Statistical Area.