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.
Luther is a village in Lake County in the U.S. state of Michigan. As of the 2000 census, the village population was 339. The village is on the boundary between Newkirk Township on the west and Ellsworth Township on the east, with about half of the village in each. It is the site of Hillsdale College's G.H. Gordon Biological Research Station.