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.
Cochecton is a town located in west-central Sullivan County, New York, USA. The population was 1,328 at the 2000 census. The name is an aboriginal word for "low land. " The Town of Cochecton (its official name) is situated on the Delaware River, directly across from Damascus, Pennsylvania, to which a bridge over the river provides access. The village of Cochecton has a ZIP code of 12726; the ZIP codes for two other communities located within the town's boundaries — Cochecton Center and Lake Huntington — are 12727 and 12752 respectively.