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.
Winona is a city in Montgomery County, Mississippi, United States. The population was 5,482 at the 2000 census. The name of the city comes from a Sioux word meaning "first-born daughter. " It is the county seat of Montgomery County. Winona is known in the local area as "The Crossroads of North Mississippi" due to its central location at the intersection of U.S. Interstate 55 and U.S. Highways 51 and 82.