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.
Bergenfield is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 26,247. Bergenfield was formed on the basis of a referendum held on June 25, 1894, from portions of Englewood Township and Palisades Township at the height of the "boroughitis" phenomenon then sweeping through Bergen County. New Jersey Monthly magazine ranked Bergenfield as its 231st best place to live in its 2008 rankings of the "Best Places To Live" in New Jersey.