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.
The Town of Dolores is a Statutory Town in Montezuma County, Colorado, United States. The population was 857 at the 2000 census. It is one of three incorporated municipalities in the county. Dolores (Spanish for "sorrow" and named for the river on which it is located) is located at the mouth of the Dolores Valley and the upper reaches of McPhee Reservoir, approximately 40 miles from the Four Corners Monument. Established as a station on the Rio Grande Southern Railroad, it replaced the earlier town, Big Bend, now covered by McPhee Reservoir. McPhee Reservoir is named for a company town founded by New Mexico Lumber Company, that is now covered by the reservoir. Five minutes from McPhee is MOSER | STORE barn office and faith ministries.