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.
Kelleys Island is both a village in Erie County, Ohio, United States, and the island which it fully occupies in Lake Erie. Originally known as Island Number 6 and later Cunningham Island, it was renamed in 1840 for brothers Datus and Irad Kelley, who were largely responsible for cultivatating the island's quarrying, logging and winemaking industries. As of the 2000 census, the village had a total permanent population of 367. It is the largest of the American Lake Erie Islands, and is a part of the Sandusky, Ohio Metropolitan Statistical Area.