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.
Ellsworth is a village in Antrim County in the U.S. state of Michigan. The population was 483 at the 2000 census. The village is primarily a bedroom community with its primary industry being gravel and other aggregates. Agriculture and forestry are also important industries. Ellsworth is home to a small annual festival called the Pig Roast, which involves a parade and horse pulls, and of course, roast pork. Down the street is a bistro called the Rowe Inn. Ellsworth is the seat of Banks Township, which also includes the community of Atwood and several cherry orchards. Ellsworth's main governing body is the Ellsworth Village Council. The town is named after Elmer Ephraim Ellsworth, the first Union officer to die in the American Civil War.