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.
Almelund is a small unincorporated community, in Amador Township, Chisago County, Minnesota, United States. It is located at 45°29′29.00″N 92°47′7.01″W / 45.49139°N 92.7852806°W / 45.49139; -92.7852806, about 55 miles north-northeast of Minneapolis at the intersection of Minnesota State Highway 95 and Chisago County Road 12 (Park Trail).