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.
Slingerlands is a hamlet in the town of Bethlehem, Albany County, New York. It is located immediately west of Delmar and near the New Scotland town-line and south of the Albany city-limits. It is a suburb of Albany. The Slingerlands ZIP Code (12159) includes parts of the town of New Scotland.