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.
Manhasset is a hamlet and neighborhood in Nassau County, New York, on the North Shore of Long Island. As of the United States 2000 Census, the population was 8,362. Manhasset is a Native American term that translates to "the island neighborhood. " In 2005, a Wall Street Journal article ranked Manhasset as the best town for raising a family in the New York metropolitan area . As with other unincorporated communities in New York, its local affairs are administered by the town in which it is located, the Town of North Hempstead, New York. The hamlet is served by the Long Island Rail Road, which provides direct and convenient access to New York City at the Manhasset station.