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.
The City of Camden is the county seat of Camden County, New Jersey, in the United States. It is located across the Delaware River from Philadelphia, Pennsylvania. As of the U.S. 2000 Census, the city had a total population of 79,904. Camden was originally incorporated as a city on February 13, 1828, from portions of the now-defunct Newton Township, while the area was still part of Gloucester County. On March 13, 1844, Camden became part of the newly formed Camden County. Although once a thriving center for manufacturing and industry, Camden is perhaps best known for its struggles with urban dysfunction. Three Camden mayors have been jailed for corruption, the most recent being Milton Milan in 2000. Since 2005 the school system and police department have been operated by the State of New Jersey; the takeover will expire in 2012. In 2009, Camden had the highest crime rate in the U.S. with 2,333 violent crimes per 100,000 people while the national average was 455 per 100,000 Camden spends $17,000 per child for education and only two thirds of the students graduate. Two out of every five residents are below the national poverty line.