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.
Palmer is an unincorporated community in Richmond Township, Marquette County in the U.S. state of Michigan. It is a census-designated place (CDP) for statistical purposes and has no legal status as an incorporated municipality. The CDP population was 449 at the 2000 census. The Palmer ZIP code is 49871, and the area served by the ZIP code is slightly larger than that of the CDP. is