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.
Ballston Spa is a village in Saratoga County, New York, United States. The population was 5,556 at the 2000 census. It is the county seat of Saratoga County. The name is from Eliphalet Ball, an early settler. The village lies on the border of two towns and is partly in the Town of Ballston and partly in the Town of Milton. The village is southwest of Saratoga Springs.