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.
Morgan's Point is a city in Harris County, Texas, United States located on the shores of the Galveston Bay at the inlet to the Houston Ship Channel, near La Porte and Pasadena. It earned fame in Texas' early history for being the home of the legendary Emily West (Morgan), known as the Yellow Rose of Texas. It later became an early Houston-area resort community for the wealthy in the early 20th century. Today, thanks to the construction of the Barbours Cut shipping terminal, it is at the center of one the area's most important shipping hubs.