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 City of Lamar is a Home Rule Municipality that is the county seat and the most populous city of Prowers County, Colorado, United States. The city population was 8,869 at the U.S. Census 2000. Lamar is east of Pueblo, on the Arkansas River in southeastern Colorado. The northern site of the Pierre Auger Observatory of ultra-high energy cosmic rays is planned to be built near Lamar.