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.
Pearl River is a hamlet, in the Town of Orangetown Rockland County, New York, United States located east of Nauraushaun; north of the state of New Jersey; south of Nanuet and west of Blauvelt. The population was 15,553 at the 2000 census. Pearl River is also the site of One Blue Hill Plaza, Rockland County's first commercial skyscraper with 21 stories of office space. Pearl River is 17 miles north of Manhattan, and north of the New Jersey border and the first (traveling north) of three New York stops on New Jersey Transit's Pascack Valley Line. In 1906, Ernest Lederle, a former New York City commissioner founded Lederle Laboratories on a 99-acre (400,000 m) farm which now encompasses 550 acres (2.2 km) and 40 buildings employing 3,200 workers.