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.
Lake Pleasant is a town in Hamilton County, New York, United States. The population was 876 at the 2000 census. It contains the county seat of Hamilton County, which is also called Lake Pleasant. The Town of Lake Pleasant is within the Adirondack Park and is centrally located in the county. The town is northwest of Schenectady. Lake Pleasant is considered a tourist hub in Hamilton County. Estimates put the number of summer homes at around three-quarters of the homes in the area. Between Memorial Day and Labor Day, the unofficial Summer season, the small town is a busy community, with many activities including a parade, fireworks, Summer musical and art show.