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.
Olivebridge is a hamlet in Ulster County, New York, United States, within Catskill Park and the Catskill Mountains. The community's name is sometimes written Olive Bridge, but the United States Board on Geographic Names gives the name as Olivebridge. (Board decision, 1965) Olivebridge achieved some notoriety when its tiny town government successfully stood up to New York City on several land use/property tax issues, as well as its Town Justice Court rejecting the legal validity of a preemptive 35mph speed limit imposed on roads surrounding the Ashokan Reservoir by New York City.