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.
Avon is a town in Washington Township, Hendricks County, Indiana, United States. The population was 6,248 at the 2000 census. The 2005 Indiana Population Estimate Update estimated the population as 8,918. Avon was incorporated in 1995. Previous town names included Hampton, White Lick, Smootsdale and New Philadelphia. The name Avon was placed on a sign by the railroad company.