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.
Frankfort is a city in Benzie County in the U.S. state of Michigan. The population was 1,513 at the 2000 census. The elevation of Frankfort is 600 ft above sea level. The city is situated with Lake Michigan to the west, Lake Betsie, formed by the Betsie River before flowing into Lake Michigan, on the south and Crystal Lake Township to the north and east. The city is on M-22 just north of Elberta. M-115 has its western terminus in the city. The Frankfort North Breakwater Lighthouse is at the end of the northern breakwater in Lake Michigan.