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.
Cliffwood is an unincorporated area within Aberdeen Township in Monmouth County, New Jersey, United States. The area is served as United States Postal Service ZIP Code 07721. As of the United States Census, 2000, the population for ZIP Code Tabulation Area 07721 was 2,573. Cliffwood is the home of Guadalcanal Veterans of Foreign Wars (VFW) Post Number 4745, which is used as a community hall, rental facility, and polling place for elections. The post's ladies auxiliary includes elected offices of president, senior vice president, junior vice president, secretary, treasurer, and three trustees with staggered three-year terms. Other positions include chaplain, conductress, guard, and patriotic instructor. Adjacent to the VFW Post is Veterans of Foreign Wars Park (VFW Park), which contains Alvin Ross Memorial Field. The field, which has two softball diamonds, backstops,, team benches, and bleachers, is used for local children's and adults' softball and soccer leagues scheduled by the Aberdeen Township Department of Parks and Recreation. The Aberdeen Township Public Service Facility on Lenox Road is the maintenance and recycling facility for the township.