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.
Fontanet (also Fountain, Fountain Station, or Hunter) is an unincorporated community in central Nevins Township, Vigo County, Indiana, United States. It lies along Baldwin St. , northeast of the city of Terre Haute, the county seat of Vigo County. Its elevation is 614 feet (187 m), and it is located at 39°34′34″N 87°14′37″W / 39.57611°N 87.24361°W / 39.57611; -87.24361 (39.5761500, -87.2436276). Although Fontanet is unincorporated, it has a post office, with the ZIP code of 47851. Fontanet is part of the Terre Haute Metropolitan Statistical Area. Each year on the last weekend in August, Fontanet enjoys the Annual Fontanet Bean Dinner Festival, a tradition stemming from a Civil War veterans' picnic first held in 1890. The festival was originally held on land near the DuPont Powder Mill. After the mill exploded in 1908, the picnic moved to the site known as Holloway Grove, donated by local landowner Bill Holloway.