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.
Passaic is a city in Passaic County, New Jersey, United States. As of the United States 2000 Census, the city had a total population of 67,861. Located north of Newark on the Passaic River, it was first settled in 1678 by Dutch traders, as Acquackanonk Township. The city and river draw their name from the Lenape word "pahsayèk" meaning "valley".