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.
Farnham is a village located in the Town of Brant, Erie County, New York, United States. The population was 322 at the 2000 census. It is part of the Buffalo–Niagara Falls Metropolitan Statistical Area. The village is named after Leroy Farnham, a local landowner and merchant. The Village of Farnham is located in the western part of the Town of Brant, north of the Cattaraugus Reservation and southeast of Evangola State Park.