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.
New Harmony is a historic town on the Wabash River in Harmony Township, Posey County, Indiana, 15 miles (24 km) north of Mount Vernon, Indiana, the county seat. The town's population has remained relatively constant over the years at around 1,000 residents. As of the 2000 census, the town population was 916. It is part of the Evansville, Indiana, metropolitan area. Many of the old Harmonist buildings still stand and have been restored. The New Harmony State Memorial is located here. Just to the south of town on State Road 69 is Harmonie State Park.