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.
East Jordan is a city in Charlevoix County, in the U.S. state of Michigan. The population was 2,507 at the 2000 census. The city is at the end of the south arm of Lake Charlevoix, at the mouth of the Jordan River. M-66 connects with US 31 at Charlevoix about 12 miles to the northwest and with US 131 at Mancelona 18 miles to the south. M-32 has its western terminus in the city and connects with US 131 about 16 miles to the east and with I-75 at Gaylord about 29 miles to the east.