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.
Florence is a town in Florence County, Wisconsin, United States. The population was 2,319 at the 2000 census. It is the county seat of Florence County. The ZIP code is 54121. Florence is also the name of an unincorporated community within the town about 11 miles (18 km) northwest of Iron Mountain, Michigan. The unincorporated community of Spread Eagle is located in the town as well.