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.
Ransomville is a hamlet located in the Town of Porter in Niagara County, New York, United States. The population was 1,488 at the 2000 census. Portions of the hamlet of Ransomville are also in Town of Wilson and Town of Cambria. Ransomville is north of the City of Niagara Falls and is part of the Buffalo–Niagara Falls Metropolitan Statistical Area. Ransomville is in the southeast corner of the town on the Youngstown-Lockport Road. The Ransomville Speedway is located northwest of the village. Former CWF World Heavyweight Champion Blackjack Conacher hailed from Ransomville.