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.
Hermansville is an unincorporated community in the Meyer Township of Menominee County in the U.S. state of Michigan. It formed as a company town based around the defunct Wisconsin Land & Lumber Company. The company's former headquarters is open as the IXL Historical Museum. U.S. Route 2 passes through the north edge of the community.