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.
Forked River (pronounced fork'id river) is a census-designated place and unincorporated area located within Lacey Township, in Ocean County, New Jersey. As of the United States 2000 Census, the CDP population was 4,914. Many Ocean County residents commonly refer to all of Lacey Township as Forked River with the first word pronounced with two syllables (FOR-ked or FORK-ed). Pronouncing the first word with one syllable is a sign of a new resident.