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.
Findley Lake is a small hamlet within the Town of Mina in western Chautauqua County, New York. Located on the north side of a small lake with the same name, Findley Lake is near many local tourist attractions such as Peek'n Peak Resort and Lake Erie. It is also a popular area for summer homes and camps, especially along the lakeshore.