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.
Stony Creek is a town in the southwest part of Warren County, New York, United States. It is northwest of the city of Glens Falls and is part of the Glens Falls Metropolitan Statistical Area. The population was 743 at the 2000 census. The town is named for a stream that flows through it. Stony Creek is within the Adirondack Park.