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.
Hope Valley is a village and census-designated place (CDP) in the town of Hopkinton in Washington County, Rhode Island, United States. The population of the CDP was 1,649 at the 2000 census. Hope Valley is the largest village in Hopkinton and the town's principal commercial center. The central portion of the village is known as Hope Valley Historic District, which was listed on the National Register of Historic Places in 2004. The 183-acre (74 ha) historic district includes 134 buildings and three other structures.