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.
Alma is the largest city in Gratiot County in the U.S. state of Michigan. The population was 9,275 at the 2000 census. It was incorporated as the Village of Alma in 1872 and became a city in 1905. Alma's claims to fame include the annual Highland Festival which brings members of Scottish clans and interested onlookers together for a weekend of Highland dancing, bagpipes, kilts, and camaraderie. The Highland Festival is held each year over Memorial Day weekend. Alma College, a small liberal-arts institution of approximately 1,300 students, is located in town and focuses on multidisciplinary learning in a residential setting. Alma is the birthplace of both the world-renowned modernist architect Ralph Rapson and writer/composer/lyricist Dan Goggin.