Avalon is a borough in Cape May County, New Jersey, on Seven Mile Island. The town is one of the most affluent communities along the Jersey Shore and is home to some of the most expensive real estate on the east coast. In 2007, Forbes listed Avalon to be the 65th most expensive zip code in the United States. The Washingtonian magazine even named Avalon the "chicest beach" in the mid-Atlantic, the place to see women in diamonds and designer swimwear. The crowd is mostly upper class from the greater Philadelphia area. A small portion of Avalon is not on Seven Mile Island. It is part of the Ocean City Metropolitan Statistical Area. As of the United States 2000 Census, the full-time borough population was 2,143, although it swells during the summer months. Avalon was incorporated as a borough by an act of the New Jersey Legislature on April 18, 1892, from portions of Middle Township, based on the results of a referendum held two days earlier. The borough was reincorporated on March 6, 1896, and again on May 4, 1897. Another portion of Middle Township was annexed in 1910. On December 27, 1941, portions of Avalon were ceded to Stone Harbor. Avalon, famous for being a South Jersey seashore resort, has the motto "Cooler by a Mile", since it juts out into the Atlantic Ocean about a mile farther than other barrier island resorts. The motto also refers to the fact that Avalon occupies 4 miles of Seven Mile Island whereas neighbor Stone Harbor occupies 3. It was ranked the seventh best beach in New Jersey in the 2008 Top 10 Beaches Contest sponsored by the New Jersey Marine Sciences Consortium.

Foreclosure Law Lawyers In Avalon New Jersey

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What is foreclosure law?

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.

Answers to foreclosure law issues in New Jersey

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...

When facing foreclosure it is important that homeowners understand all of the options available to help prevent...