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.
Valley Stream is a village in Nassau County, New York in the United States. The population in the village of Valley Stream is 36,368. When including North Valley Stream, South Valley Stream, and other areas considered to be in the town of Valley Stream, the total population is around an estimated 65,000 people. The Incorporated Village of Valley Stream is inside the southwest part of the Town of Hempstead along the border with Queens. The village is served by the Long Island Rail Road at the Valley Stream station, located at Sunrise Highway and Franklin Avenue.