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.
Penfield is a town in Monroe County, New York, United States. The population was 34,645 at the 2000 census, increasing 14.6 percent from 1990. The town was incorporated in 1810 by the proprietor, Daniel Penfield, who purchased the town lands in 1795 and moved to the area in 1809. Penfield is a suburb of Rochester, New York. The town's motto is "A Town of Planned Progress".