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.
Monteagle is a town in Franklin, Grundy, and Marion counties in the U.S. state of Tennessee, in the Cumberland Plateau region of the southeastern part of the state. The population was 1,238 at the 2000 census – 804 of the town's 1,238 residents (64.9%) lived in Grundy County, 428 (34.6%) in Marion County, and 6 (0.5%) in Franklin County. The Marion County portion of Monteagle is part of the Chattanooga, TN–GA Metropolitan Statistical Area, while the Franklin County portion is part of the Tullahoma, TN Micropolitan Statistical Area. Monteagle is most famous for the treacherous stretch of Interstate 24 that passes through the town. It is here that the highway passes over what is colloquially referred to as "Monteagle Mountain" (or "The Monteagle") - a section of the southern Cumberland Plateau which is a major landmark on the road between Chattanooga and Nashville. The interstate regularly shuts down in inclement weather, routing traffic onto U.S. Highway 41. In the Jerry Reed song "The Legend", which is the opening track in the film Smokey and the Bandit, Reed tells the story of the Bandit miraculously surviving brake failure on the "Monteagle Grade. " There is also a song called "Monteagle Mountain" by Johnny Cash on the album Boom Chicka Boom. The town is home to the Monteagle Sunday School Assembly. The Highlander Folk School, long involved in the labor and civil rights movements, was located here from 1932 to 1961. Rosa Parks attended workshops there shortly before the Montgomery Bus Boycott.