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.
Elmer is a Borough in Salem County, New Jersey, United States. As of the United States 2000 Census, the borough population was 1,384. Elmer was incorporated as a borough by an Act of the New Jersey Legislature on January 28, 1893, from portions of Pittsgrove Township and Upper Pittsgrove Township, based on the results of a referendum held four days earlier. The borough was formed on the dividing line of Pittsgrove and Upper Pittsgrove Townships and was named for Lucius Elmer a former judge who helped obtain a post office for the community during his service as Congressman.