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.
Carmel is a town located in Putnam County, New York, USA. As of the 2000 census, the town had a total population of 36,465. There are no incorporated villages in the town, although the hamlets of Carmel and Mahopac each have populations sizable enough to be thought of as villages. The Town of Carmel is on the south border of the county. The town hall is in Mahopac. Guideposts Magazine, founded by Norman Vincent Peale, is headquartered in Carmel.