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.
Sea Isle City is a city in Cape May County, New Jersey, United States. It is part of the Ocean City Metropolitan Statistical Area. As of the United States 2000 Census, the city population was 2,835. Sea Isle City is located on Ludlam Island, which also contains part of Dennis Township. Sea Isle City was originally incorporated as a borough on May 22, 1882, from portions of Dennis Township, based on the results of a referendum held six days earlier. The borough was reincorporated on March 31, 1890. On April 30, 1907, the area was reincorporated as the City of Sea Isle City, based on the results of a referendum held on April 20, 1907.