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.
Pekin, Indiana is the site of Eastern High School. It is in Washington County, and many residents of the town consider it to be in fact what is known as "New Pekin, Indiana". Pekin is known for having the nation's longest running consecutive Fourth of July Celebration. Celebrating 178 years in 2008.