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.
Little Ferry is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 10,800. Little Ferry was formed on September 18,1894, from portions of both Lodi Township and New Barbadoes Township, at the height of Bergen County's "Boroughitis" phenomenon then sweeping through Bergen County. New Jersey Monthly magazine ranked Little Ferry as its 35th best place to live in its 2008 rankings of the "Best Places To Live" in New Jersey.