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.
Redwood is an unincorporated community located southeast of Twin Lake in Warren County, Mississippi, United States. The town is located near the junction of Highways 61 and 3, about 10 miles north of Vicksburg. Its zip code is 39156. Redwood is part of the Vicksburg Micropolitan Statistical Area.