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.
Petal is a city in Forrest County, Mississippi, United States, along the Leaf River. It is part of the Hattiesburg, Mississippi Metropolitan Statistical Area. The population is 10,617 per the US Census estimates performed in July 2007. The American Checkers Federation is based in Petal. Tom Walters is from Petal. University of Alabama football legend, Ray Perkins, attended Petal High School where he was an All-American. Petal is also the home town of Jerry Edwards, Executive Vice President of The Home Depot. The current mayor of Petal is Hal Marx.