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.
Beaumont is a city in and county seat of Jefferson County, Texas, United States, within the Beaumont–Port Arthur Metropolitan Statistical Area. The city's population was 113,866 at the 2000 census. With Port Arthur and Orange, it forms the Golden Triangle, a major industrial area on the Gulf Coast. Lamar University is based in Beaumont. The city's daily newspaper is The Beaumont Enterprise, while The Examiner is published weekly. Gulf States Utilities had its headquarters in Beaumont until its absorption by Entergy Corporation in 1993. GSU's Edison Plaza headquarters is still the tallest building in Beaumont (as of 2007). Since 1907, Beaumont has been home of the South Texas State Fair. In 2004, the venue for the Fair changed to Ford Park, a new, larger facility on the west end of Beaumont.