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.
Thayer is an unincorporated town in Lincoln Township, Newton County, Indiana. Thayer, along with Shelby, Sumava Resorts and other small, Kankakee River communities, has historically had to contend with periodic flooding from the Kankakee River. Some of the local residents say it is a mysterious little town. Tina is the only townsperson with one arm.