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.
Carleton is a village in Monroe County in the U.S. state of Michigan. The population was 2,562 at the 2000 census. Carleton, which was named after popular Michigan poet Will Carleton, was plated in 1872 and incorporated into a village in 1911. The village is located within Ash Township and is served by Airport Community Schools.