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.
Jay is a city in Delaware County, Oklahoma, United States. The population was 2,482 at the 2000 census. It is the county seat of Delaware County. Jay's most famous son is Tommy Morrison, former world heavyweight boxing champion and grandnephew of actor John Wayne. The city hosts the annual Huckleberry festival each July.