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.
Peyton is an unincorporated town and a U.S. Post Office in El Paso County, Colorado, United States. The population was 71 at the 2000 census. Peyton has the ZIP Code of 80831. The nearby, unincorporated area of Falcon also uses zip code 80831.. Peyton and towns such as Falcon, Calhan, Ramah, Simla, and Matheson straddle Highway US 24 between Colorado Springs and Limon, Colorado where US 24 intersects with Interstate 70. Students are served by Peyton School District 23JT in the Peyton area and by Falcon School District 49 in the Falcon area and nearby areas of Colorado Springs.