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.
Grafton is a town in Rensselaer County, New York, United States. The population was 1,987 at the 2000 census. It is believed that the town received its name from Grafton, Vermont, from where the first town supervisor, Nathaniel Dumbleton, was originally from. The town is an interior town near the north-central part of the county. NY Route 2 passes across the town.