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.
Gas City is a city in Grant County, Indiana, along the Mississinewa River. The population was 5,868 at the 2006 census. It was first known as Harrisburg when settled on May 25, 1867 by Noah Harris. It became something of a boom town when natural gas was found in the area in 1887. The Gas City Land Company was founded on March 21, 1892 and the town of about 150 people changed its name to Gas City a few days later.