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.
Cooperstown is a village in Otsego County, New York, USA. It is located in the Town of Otsego. The population was estimated to be 2,032 at the 2000 census. The Village of Cooperstown is the county seat of Otsego County, New York. Most of the village lies inside the Town of Otsego, but part is inside the Town of Middlefield. Cooperstown is best known as the home of the National Baseball Hall of Fame and Museum. The Farmers' Museum, The Fenimore Art Museum, Glimmerglass Opera, and the New York State Historical Association are also based there. More recently, nearly 1,000 youth baseball teams descend on Cooperstown every summer to participate in some of the largest baseball tournaments in the country.