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.
Montour Falls is a village in Schuyler County, New York, United States. The population was 1,797 at the 2000 census. A waterfall in the village gives the village its name. The name "Montour" is derived from Catherine Montour. The Village of Montour Falls is mostly within the Town of Montour, but a small part in within the Town of Dix. The village is north of Elmira, New York. The New York Academy of Fire Science is located in the village.