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.
Lisbon is a town in St. Lawrence County, New York, United States. The population was 4,047 at the 2000 census. Reportedly the town is named after the capital of Portugal. Yet, the 1810 US Census for the town shows the town's name as Lisburn, a city located in Northern Ireland adjacent to Belfast. Belfast was the birthplace of Alexander Macomb the prosperous merchant of Loyalist sympathies and purchaser of much of Northern New York along the St. Lawrence River and Lake Ontario earlier in 1791. The Town of Lisbon is in the northern part of the county and is northwest of Canton.