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.
Villas, better known as the Villas is a census-designated place and unincorporated area located within Lower Township, in Cape May County, New Jersey. It is part of the Ocean City Metropolitan Statistical Area. As of the United States 2000 Census, the CDP population was 9,064. Villas is the site of Blitz's Market, where one of the four winning Mega Millions lottery tickets was sold to a disabled veteran on August 31, 2007. In 2008, residents discovered that copper piping had been stolen from under several homes in the area. It was later found that much of the piping was corroding due to large amounts of water seeping through fissures in the disintegrating roads, that are finally under repair.