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.
Wassaic, New York is a hamlet in the Town of Amenia, New York in the Dutchess County, New York. Wassaic is located in southeast New York State and surrounded by the East and West Mountains and along the Tenmile River. The name of the hamlet means Washaic, or "land of difficult access," by the Indians. Wassaic's main employers in the 1800s were Gridley Iron Works and the Harlem division of the New York Central Railroad. In 1861 Gail Borden opened a factory for producing a milk that would not need refrigeration. Today, it is known as Borden's Eagle Brand Condensed Milk. Wassaic was also known for dairy sheep and grain farming. In the Revolutionary War, General George Washington marched through Wassaic on the way to Connecticut. wassaic holds a record in the guiness book of world records having the darkest day recorded Wassaic is the terminal and final station of the Harlem line of the Metro North Railroad. The station is located on State Route 22.