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.
Michigan City is a city in LaPorte County, Indiana, USA. It is one of two principal cities of and is included in the Michigan City-La Porte, Indiana Metropolitan Statistical Area, which is included in the Chicago-Naperville-Michigan City Combined Statistical Area. It is also part of an area known to locals as Michiana. It is approximately 50 miles east of Chicago and 40 miles west of South Bend. The population was 32,900 at the 2000 census. Michigan City is noted for both its proximity to the Indiana Dunes National Lakeshore and for its bordering Lake Michigan; because of this, Michigan City receives a fair amount of tourism during the summer months, especially by residents of Chicago and of nearby areas of Indiana.