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 Kim is a Statutory Town located in Las Animas County, Colorado, United States. The population was 65 at the U.S. Census 2000. Rodeo star Lane Frost was born in La Junta in 1963 but spent his first days with his mother and grandparents in Kim, while his father was on tour.