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.
Vermontville is a village in Eaton County in the U.S. state of Michigan. The population was 789 at the 2000 census. It is located within Vermontville Township. Vermontville is home to the original maple syrup festival in Michigan, held the last full weekend in April. Vermontville is served by Maple Valley Schools.