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.
Pound Ridge is a town in Westchester County, New York, United States. The population was 4,726 at the 2000 census. The town is located in the eastern corner of the county, bordered by New Canaan, Connecticut to the east, Stamford, Connecticut to the south, Bedford, New York to the west and Lewisboro, New York to the north. The local school is the Pound Ridge Elementary School, one of five K-5 schools in the Bedford Central School District. Older children take the bus to the Fox Lane Campus in Bedford, NY, where the Middle and High Schools are located.