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.
Laguna Park is an unincorporated community in Bosque County in Central Texas. According to the Handbook of Texas, the community had an estimated population of 550 in 2000. Laguna Park is located along State Highway 22 in southeastern Bosque County, approximately 27 miles northwest of Waco. The community is situated at the southern end of Lake Whitney. Following the completion of Whitney Dam in the early 1950s, Laguna Park became a recreation destination. Small stores and a post office opened to serve the surrounding agricultural area as well as visitors to Lake Whitney. The population stood at just under 500 during the mid-1970s, but slowly grew to approximately 550 by 2000. Public education in the community of Laguna Park is provided by the Clifton Independent School District.