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.
Perth Amboy is a city in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the city population was 47,303. Perth Amboy is known as the "City by the Bay". Perth Amboy was formed by Royal Charter on August 4, 1718, within various townships. Perth Amboy was chartered as a city by an Act of the New Jersey Legislature on December 21, 1784, within Perth Amboy Township and from part of Woodbridge Township. Perth Amboy Township was formed on October 31, 1693, and was enlarged during the 1720s to encompass Perth Amboy city. Perth Amboy Township was incorporated as one of New Jersey's initial 104 townships on February 21, 1798. The township was absorbed by Perth Amboy city on April 8, 1844. Perth Amboy, and South Amboy across the Raritan River, are collectively referred to as The Amboys. Signage for Exit 11 on the New Jersey Turnpike refers to "The Amboys" as a destination. The Amboys are the northern limit of the area informally referred to as the Bayshore.