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.
Lambertville is an unincorporated community in Monroe County in the U.S. state of Michigan. It is also the name of the area serve by the Lambertville Post Office. The Lambertville ZIP code, 48144, serves the southwest part of Bedford Township, as well as portions of adjacent Whiteford Township. For statistical purposes, Lambertville is also a census-designated place (CDP). The CDP is entirely within Bedford Township and the population of the CDP was 9,299 at the 2000 census. The Lambertville post office opened as "West Erie" on June 13, 1834. The name changed to Lambertville on January 15, 1836. It was discontinued on March 23, 1865 and reestablished on December 4, 1865.