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.
Coal City is located in Jefferson Township, Owen County, Indiana, United States. It is a small town with only a grocery/restaurant, post office, and a bank. There is a festival every year in August and 'The Old Grouch' of the town is announced after donations are collected throughout the county. They also use the old train depot building (Donated by Irving Ray Mullins) during the festival as a way of showcasing local talent such as photography, quilting, or baking. Coal City is 45 minutes southeast of Terre Haute and 45 minutes southwest of Bloomington. ZIP Code: 47427 Area code: 812