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.
Pearl is a city in Rankin County, Mississippi, United States. The population was 21,961 at the 2000 census. It is part of the Jackson Metropolitan Statistical Area. Today, Pearl is a growing community across the Pearl River, for which the city was named, from Jackson. It is Mississippi's 13th largest city and the largest city in Rankin County. Pearl is a rarity in Mississippi cities in that it does not have a downtown square. Over the years the city has developed the old Pearl High School into a city administration building that houses city hall, Pearl Police Department, public works departments and city courts. A large auditorium-style community center was built next door. The city is in the process of turning this whole area into its downtown.