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.
Old Forge is a hamlet on New York State Route 28 in the town of Webb in Herkimer County, New York. Old Forge was formerly a village that dissolved its incorporation, but remains the principal community in the region. Old Forge forms an extensive business district, primarily directed at tourism especially during the summer months. The local school is the Town of Webb UFSD, a K-12 institution with the Eskimo as their mascot. Old Forge often records the lowest winter temperatures in New York. On February 17, 1979, the record low temperature for New York was set in Old Forge at -52 degrees Fahrenheit.