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.
Indian Trail is a town in Union County, North Carolina, United States. Founded on March 12, 1861, the town holds a history of traders traveling along the "Indian Trail," which ran from Petersburg, Virginia, to the Waxhaw Indians, and gold mining. Indian Trail was first a big farming community; however, German and Scot-Irish settlers began to move into the area due to its geographical location. In 1874, the Seaboard Coast Line Railroad was built between the cities Charlotte, North Carolina and Monroe, North Carolina. The railroad, which runs through the town, brought prosperity to the town. Indian Trail was incorporated as a town in 1907, with established city limits based upon a one-half mile radius from the intersection of Indian Trail Road and the Seaboard Railroad. Today, Indian Trail is a rapidly growing city with more and more people moving into it. Every Fourth of July, it holds an annual parade which is one of the biggest parades in the Charlotte metropolitan area.