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.
Dumont is a borough in Bergen County, New Jersey, United States. The population was 17,503 at the 2000 census. Dumont was formed on July 20, 1894, as the Borough of Schraalenburgh from portions of Harrington Township and Palisades Township, at the height of the "Boroughitis" phenomenon then sweeping through Bergen County, based on the results of a referendum held the previous day. On June 13, 1898, the borough's name was changed to Dumont in honor of Dumont Clarke, the borough's first mayor.