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.
Absecon is a city in Atlantic County, New Jersey, United States. As of the United States 2000 Census, the city population was 7,638. What is now the City of Absecon was originally incorporated as a town by an Act of the New Jersey Legislature on February 29, 1872, from portions of Egg Harbor Township and Galloway Township. The City of Absecon was incorporated on March 24, 1902, replacing Absecon town.