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Foreclosure Law Lawyers In Aspen Colorado

The City of Aspen is an affluent Home Rule Municipality that is the county seat and the most populous city of Pitkin County, Colorado, United States. The United States Census Bureau estimates that the city population was 5,804 in 2005. Founded as a mining camp in the Colorado Silver Boom and named because of the abundance of aspen trees in the area, the city is now a ski resort and an upscale tourist center. In the late 20th century the city developed as a popular destination for celebrities, attracting people like Charlie Sheen, Hunter S. Thompson, and John Denver, the latter who wrote several songs about the town, including "Aspenglow" and "Starwood in Aspen."

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 Colorado

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...