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 Timnath is a Statutory Town located in Larimer County, Colorado, United States. Founded in 1882, Timnath is a small agricultural/farming community located southeast of Fort Collins, Colorado, approximately one-half mile east of the Harmony Road/Interstate 25 interchange, on a small bluff east of the Cache la Poudre River. The surrounding farmlands have been used primarily for potatoes, alfalfa, sugar beets, and cattle. Although the town has remained virtually unchanged in recent decades, the encroaching growth of both Fort Collins to the west and Windsor to the south have placed the town in an area considered favorable to development. The population was 223 at the 2000 census.