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.
Rensselaer is a city in Rensselaer County, New York, U.S. , and is located on the Hudson River directly opposite Albany. As of the 2000 census, the city population was 7,761; in 1920, it was 10,832. The name is from Kiliaen van Rensselaer, the original landowner of the region in New Netherland. Rensselaer is on the west border of the county. Earliest settlement occurred as early as 1628. The city has a rich industrial history stretching back to the 1800s, when it became a major railroad hub, a distinction which it maintains as the location of the 14th busiest Amtrak station. It was one of the earliest locations of the dye industry in the United States, and the first American location for the production of Aspirin.