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.
Collbran is a Statutory Town in Mesa County, Colorado, United States. It is part of the Grand Junction Metropolitan Statistical Area. The population was 388 at the 2000 census. The town is located east of Grand Junction along Plateau Creek, at the upper (eastern) end of the small cattle ranching valley around the creek known as the Plateau Valley. The largest community in the valley, it serves a civic and economic center for the surrounding area, which is dependent not only ranching, but on pass-through tourism during the summer and autumn months. In the latter capacity, the town acts somewhat as a gateway to nearby Vega State Park and other recreational sites along the northeast side of the Grand Mesa.