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.
Somerdale is a Borough in Camden County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,192. The Borough of Somerdale was created on April 23, 1929, from Clementon Township, one of seven municipalities created from the now-defunct township, and one of five new municipalities created on that same date.