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.
The Town of Los Gatos is an incorporated town in Santa Clara County, California, United States. The population was 28,592 at the 2000 census. It is located in the San Francisco Bay Area at the southwest corner of San Jose in the foothills of the Santa Cruz Mountains. Homes are mostly upscale, varying from century-old one million-dollar cottages in the downtown area to 10 - 20 million-dollar large custom homes in the surrounding hills. The town is noted for its small, pedestrian-friendly downtown, with many boutique shops and upscale restaurants. It is also a preferred destination for antique shopping.