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.
Selkirk is a hamlet in the town of Bethlehem, Albany County, New York. It is located south of the city of Albany, it is an exurb of that city. A major freight railyard operated by the Selkirk Subdivision of CSX Transportation is located there; all of the CSX freight traffic going to or from Boston goes through Selkirk on its way to points north, south or west. The route is also used by traffic from New York City to points west, a detour known as the Selkirk hurdle. Also in Selkirk is Audubon International, a non-profit environmental educational organization.