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.
Falmouth (also Old Baker Settlement) is an unincorporated community in Fayette and Rush counties in the U.S. state of Indiana. Located at the northeastern corner of Union Township and the southeastern corner of Washington Township in Rush County and along the northwestern edge of Fairview Township in Fayette County, it lies at the intersection of CR800E (Rush County) with CR600N (Rush County)/CR400N(Fayette County). Falmouth sits northwest of Connersville and northeast of Rushville, the county seats of Fayette and Rush counties respectively. Its elevation is 1,070 feet (326 m), and it is located at 39°42′3″N 85°17′4″W / 39.70083°N 85.28444°W / 39.70083; -85.28444 (39.7008798, -85.3010781). Although Falmouth is unincorporated, it has a post office (located in Rush County), with the ZIP code of 46127.