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.
New London is a city in Rusk County, Texas, United States. The population was 987 at the 2000 census. On March 18, 1937, the London School Explosion killed in excess of three hundred people (most were children). This event led to the legal requirement in the United States that natural gas, which is normally odorless, be given an identifying smell. New London was originally known as just "London". However, as the US Post Office had already established a station at London, Texas in Kimble County, the town changed its name to "New London" in 1931.