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.
Leopold is a small unincorporated community in Perry County in the U.S. state of Indiana. Located fifteen miles north of the Ohio River, this little village was founded in 1842 by the Reverend Augustine Bessonies and named for the then reigning king of Belgium, Léopold I. Most of the original settlers of Leopold were Belgian immigrants. With a population of less than 100, Leopold is the site of a Roman Catholic church, St. Augustine, a general store, Guillaume's Store, a restaurant, Marcy's, and a quiet atmosphere reminiscent of another time. On the last Sunday in July, Leopold holds its annual St. Augustine's picnic, which serves both as a fund raiser for the local parish and as a homecoming for former residents.