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.
Holyoke is an unincorporated community in Holyoke Township, Carlton County, Minnesota, United States. It lies between Sandstone and Duluth. County Road 8 and Minnesota State Highway 23 are two of the main routes in the community. The Nemadji State Forest is nearby.