Summit is a city in Union County, New Jersey, United States, and an affluent bedroom community of New York City. At the United States 2000 Census, the city population was 21,131. Summit has the 16th-highest per capita income in the state. What is now the city of Summit was created as Summit Township by an Act of the New Jersey Legislature on March 23, 1869, from portions of New Providence Township and Springfield Township. Summit was reincorporated as a city on March 8, 1899. Beyond the obvious derivation from its position atop the Second Watchung Mountain, other theories have been offered to account for the city's name. The house in which Jurist James Kent lived starting in 1837 called Summit Lodge (today standing at 50 Kent Place Boulevard), and a local sawmill owner who granted passage to the Morris and Essex Railroad for a route required to climb to "the summit of the Short Hills" have both been offered as the source of the city's name.

Foreclosure Law Lawyers In Summit 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...