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.
Hoosick Falls is a village in Rensselaer County, New York, United States. The population was 3,436 at the 2000 census. During its peak around 1900, the village had a population of about 7,000. The Capital District Regional Planning Commission projects a further decline in population through 2010 and beyond. The village of Hoosick Falls is near the center of the town of Hoosick on NY 22. The village center is listed on the National Register of Historic Places as Hoosick Falls Historic District. Grandma Moses is buried in the village.