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.
Englewood Cliffs is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,322. The borough houses the world headquarters of CNBC and the American headquarters of Unilever. Until the early 1980s it had also been the home of Volkswagen of America. Today Englewood Cliffs is home to both Ferrari and Maserati North America. Englewood Cliffs was formed as a borough on May 10, 1895, from portions of Englewood Township and Palisades Township, based on the results of a referendum held the previous day.