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.
Grand Rapids is a city in Itasca County, Minnesota, United States. The population was 7,764 at the 2000 census. It is the county seat of Itasca County. The city of Grand Rapids is named for the 3.5 mile long local rapids in the Mississippi river, which was the uppermost limit of practical steamboat travel during the late 1800s. Today, those rapids are hidden underneath the dam of the Blandin Paper Mill.