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.
South Woodstock is an unincorporated village in the town of Woodstock in Windsor County, Vermont, United States. Its elevation is 1,040 feet (317 m), and it is located at 43°33′56″N 72°31′56″W / 43.56556°N 72.53222°W / 43.56556; -72.53222 (43.5656256, -72.5323158), in the Kedron Valley. A post office was established in South Woodstock in 1828; today, its ZIP code is 05071. The ZCTA for ZIP Code 05071 had a population of 456 at the 2000 census. The ZCTA includes large areas outside the village district and includes the entire southern portion of the town of Woodstock. Once a center of sheep husbandry, South Woodstock is split between commercial and residential areas. Beside the post office, public services in the community include a volunteer fire department; moreover, Woodstock maintains a local police department. The South Woodstock Village Historic District was listed on the National Register of Historic Places in 1983. The historic district consists of 44 contributing and 11 non-contributing properties over an area of 360 acres. The district includes examples of Greek Revival and Federal architecture from before the Civil War. Notable buildings include an 1825 school that became a Grange Hall, the South Chapel (1839), and the Perkins Academy (1848).