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.
Johnstown is a city and the county seat of Fulton County, New York, USA. As of the 2000 census, the city had population of 8,511. Recent estimates put the figure closer to 8,100. The city was named by its founder, Sir William Johnson, a baronet and officer in the British army. The city of Johnstown is mostly surrounded by the town of Johnstown, of which it was once a part when it was a village. Also adjacent to the city is the city of Gloversville. The two cities are together known as the "Glove Cities". They are known for their history of specialty manufacturing. Johnstown is located approximately 45 miles west of Albany, about one-third of the way between Albany and the Finger Lakes region to the west.