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 historic City of Gunnison is a Home Rule Municipality that is the county seat and the most populous city of Gunnison County, Colorado, United States. As of the U.S. Census 2000, the city had a total population of 5,409. The city was named in honor of John W. Gunnison, a United States Army officer who surveyed for the transcontinental railroad in 1853. Gunnison is the home of Western State College of Colorado. The Gunnison-Crested Butte Regional Airport serves the valley and nearby Crested Butte, Colorado with both commercial airline and general aviation flights. Gunnison's newspaper, Gunnison Country Times, is published weekly. There are also various radio stations that serve the area, including KWSB-FM (91.1), which is affiliated with Western State College. KBUT of Crested Butte also simulcasts NPR broadcasts at 89.9 FM.