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.
Divide is an unincorporated town and a U.S. Post Office in Teller County, Colorado, United States. Divide sits on the north slope of Pikes Peak on U.S. Highway 24. Ute Pass is immediately west of town. The Divide Post Office has the ZIP Code 80814. Divide is a growing, planned community. Divide is planned in three areas: the town center, rural residential land parcels, and larger rural land parcels.