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.
Roosevelt is a borough in Monmouth County, New Jersey, United States. As of the United States 2000 Census, the borough population was 933. The borough was established as Jersey Homesteads by an Act of the New Jersey Legislature on May 29, 1937, from portions of Millstone Township. The name was changed to Roosevelt as of November 9, 1945, based on the results of a referendum held three days earlier, in honor of Franklin D. Roosevelt, who had died on April 12, 1945. New Jersey Monthly magazine ranked Roosevelt as its 12th best place to live in its 2008 rankings of the "Best Places To Live" in New Jersey.