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.
Three Bridges is a village in Readington, New Jersey on the South Branch Raritan River, named for the three original bridges there which crossed the river. Farmers, John Vlerebone and Harriet Foster Cline were original land owners in the area of Three Bridges. They eventually sold some of their land to the Central Railroad of New Jersey for its South Branch Line. Vlerebone and Kline subdivided their land along Old York Road after 1864, which allowed a village to build up along the road. In 1885, the Lehigh Valley Railroad also built a line through Three Bridges. Numerous lines for shipping produce and a number of daily passenger lines stopped in the village in its heyday. Today, with the loss of the passenger lines, a large number of commercial businesses are gone, but there are still a number of restaurants and a branch of the Hunterdon County Library System.