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.
Elbert is an unincorporated community and the location of a U.S. Post Office in Elbert County, Colorado, United States. The community is named for a past Colorado territorial governor and state Supreme Court Justice Samuel Hitt Elbert. The Elbert Post Office has the ZIP Code 80106. Elbert was a bustling center until May 31, 1935, when Kiowa Creek, a stream next to the community, flooded suddenly and washed away half of the community. It now is the location of only a few stores, churches, and houses. The majority of Elbert residents are involved in the agriculture sector. On June 15, 2009 at 1:46 pm, a large three quarter mile-wide, EF2 tornado touched down in rural fields west of the town. The tornado came within 2 miles of the town at its closest. The tornado destroyed a barn at a farm and damaged an airplane hangar. During the summer, Elbert is much busier due to a nearby Boy Scout Camp, Peaceful Valley Scout Ranch, which has 10,000 visitors annually. Additionally, 2.8 miles south of Elbert lies the J-CC Ranch Camp, a Jewish camp owned by the Denver Jewish Community Center. Elbert lies along Elbert Road, which connects the town of Kiowa to U.S. Route 24. The largest nearby city is Elizabeth, which is about 15 minutes' drive away.