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.
Bloomsbury is a Borough in Hunterdon County, New Jersey, United States. As of the United States 2000 Census, the borough population was 886. Bloomsbury was incorporated as a borough by an Act of the New Jersey Legislature on March 30, 1905, from portions of Bethlehem Township. The Borough of Bloomsbury was once known as "Johnson's Iron Works", owned by Robert Johnson, on the north bank of the river. The current name is derived either from the Bloom family, influential in the early history of the town, or from the iron ore processed into "blooms," masses of wrought iron.