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 Ignacio is a Statutory Town located in La Plata County, Colorado, United States. The population was 669 at the 2000 census. Ben Nighthorse Campbell, former U.S. Senator, lives in the town area. The headquarters of the Southern Ute Indian tribe is located here, and the town is located within the confines of the Southern Ute Indian Reservation. The town was named for Chief Ignacio.