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.
Lockport is a city in Niagara County, New York, United States. The population was 22,279 at the 2000 census. The name is derived from a set of Erie canal locks within the city. Lockport is the county seat of Niagara County and is surrounded by the town of Lockport. It is part of the Buffalo–Niagara Falls Metropolitan Statistical Area.