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.
Patricksburg (also Lancaster) is an unincorporated community in eastern Marion Township, Owen County, Indiana, United States. It lies along State Road 246 west of the city of Spencer, the county seat of Owen County. Its elevation is 715 feet (218 m), and it is located at 39°18′56″N 86°57′33″W / 39.31556°N 86.95917°W / 39.31556; -86.95917 (39.3155987, -86.9591770). Although Patricksburg is unincorporated, it has a post office, with the ZIP code of 47455.