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.
Wayne is a Township in Passaic County, New Jersey, United States, located less than 15 miles (24 km) from midtown Manhattan. As of the United States 2000 Census, the township had a total population of 54,069. Wayne was formed as a township by an Act of the New Jersey Legislature on April 12, 1847, from portions of Manchester Township. Totowa was formed from portions of Manchester and Wayne Townships on March 15, 1898. Wayne is home to Willowbrook Mall, Wayne Hills Mall, Wayne Towne Center, and also High Mountain Park Preserve.