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.
Saddle River is a Borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 3,201. Saddle River has the second-highest per-capita income in the state. Nationwide, Saddle River ranks 28th among the 100 highest-income places in the United States (with at least 1,000 households). Saddle River was incorporated as a borough by an Act of the New Jersey Legislature on November 22, 1894, from portions of Orvil Township, based on the results of a referendum held three days earlier, at the height of the Boroughitis phenomenon sweeping through Bergen County at the time. The borough is named after the Saddle River, which flows through the borough and is a tributary of the Passaic River.