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Foreclosure Law Lawyers In Morristown New Jersey

Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris County. Morristown became characterized as "the military capital of the American Revolution" because of its strategic role in the war for independence from Great Britain. Today this history is visible in a variety of locations throughout the town that collectively make up Morristown National Historic Park. The area was inhabited by Native Americans for more than 2,800 years prior to exploration by Europeans. The first European settlements in this portion of New Jersey were established by the Swedes and Dutch in the early 1600s where a significant trade in furs existed between the natives and the Europeans at temporary posts. It became part of the Dutch colony of New Netherland, but the English seized control of the region in 1664, which was granted to Sir George Carteret and John Berkeley, 1st Baron Berkeley of Stratton, as the Province of New Jersey. In British colonial records, the first permanent European settlement at Morristown occurred in 1715, when a village was founded as New Hanover by migrants from New York and Connecticut. Morris County was created on March 15, 1739, from portions of Hunterdon County. The county was named for the popular Governor of the Province, Lewis Morris, who championed benefits for the colonists. Following the American Revolution the former colony became the state of New Jersey and almost one hundred years after the American Revolution began, Morristown was incorporated as a town by an Act of the New Jersey Legislature on April 6, 1865, within Morris Township, and it was formally set off from the township in 1895.

What is foreclosure law?

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.

Answers to foreclosure law issues in New Jersey

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...

When facing foreclosure it is important that homeowners understand all of the options available to help prevent...