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.
Margaretville is a village in Delaware County, New York, United States. The population was 643 at the 2000 census. The Village of Margaretville is in the Town of Middletown. The village is on the border of the Catskill Park. Margaretville is located at 42°8′51″N 74°39′4″W / 42.1475°N 74.65111°W / 42.1475; -74.65111 (42.147496, -74.651090). According to the United States Census Bureau, the village has a total area of 0.7 square miles (1.8 km), all of it land. Margaretville was the boyhood home of Dr. Orvan Hess, inventor of the fetal heart monitor and one of the first doctors to successfully treat a patient with penicillin. Hess was influenced by beloved Margaretville physician, Dr. Gordon Maurer.