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.
Karnack is a rural unincorporated community in northeastern Harrison County near Caddo Lake in the eastern region of the U.S. state of Texas. The population was 775 at the 2000 census. The town is named after Karnak, Egypt. It was thought that the community's alignment with the city of Port Caddo was relative to that of Karnack and Thebes. The town is the birth place and location of the childhood home of First Lady Lady Bird Johnson. It is also the home of the Longhorn Army Ammunition Plant.