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.
Stendal is an unincorporated community in southern Lockhart Township, Pike County, Indiana, United States. It lies along State Road 257 southeast of the city of Petersburg, the county seat of Pike County. Its elevation is 610 feet (186 m), and it is located at 38°16′0″N 87°8′40″W / 38.266667°N 87.14444°W / 38.266667; -87.14444 (38.2667177, -87.1444478). Although Stendal is unincorporated, it has a post office, with the ZIP code of 47585. Stendal is the hometown of former U.S. Senator Vance Hartke who starred for the Stendal Aces basketball team in high school.