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.
Muncie is a city in Center Township, Delaware County in east central Indiana, best known as the home of Ball State University and the birthplace of the Ball Corporation. It is the principal city of the Muncie, Indiana Metropolitan Statistical Area, which has a population of 118,769. The population within city limits, as of a 2000 Census, was 65,287.