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.
Fair Haven is a Borough in Monmouth County, New Jersey along the Navesink River. As of the United States 2000 Census, the borough population was 5,937. Fair Haven was incorporated as a borough by an Act of the New Jersey Legislature on March 28, 1912, from portions of Shrewsbury Township, based on the results of a referendum held on April 23, 1912. Portions of the borough were exchanged with Red Bank on June 17, 1957.