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.
Fagus is an unincorporated community in southeastern Butler County, Missouri. It is located on Route 51 about eighteen miles southeast of Poplar Bluff near the Arkansas state line. The community was founded by lumberman William N. Barron after the Latin word for "beech tree". Although he named it for the European beech native to his home country of England, he was surprised to actually find beeches growing here. Before it got its present name, Fagus was known as Slapout: the proprietor of the place was always "slap out" of meat..