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.
Alba is an unincorporated community located in Antrim County in the U.S. state of Michigan. It is situated on U.S. Highway 131 just north of Mancelona. Half of the community is in Star Township and half is in Chestonia Township. In the 1900's, it was the site of the Detroit and Charlevoix and Grand Rapids and Indiana railroad junction.