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.
Levittown is a hamlet in the Town of Hempstead located on Long Island in Nassau County, New York. Levittown is mid way between the villages of Hempstead and Farmingdale. As of the 2000 census, the community had a total population of 53,067. Levittown gets its name from its builder, the firm of Levitt & Sons, Inc. founded by William Levitt, which built the district as a planned community between 1947 and 1951. William Levitt is considered the father of modern suburbia. Levittown was the first truly mass-produced suburb and is widely regarded as the archetype for postwar suburbs throughout the country.