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.
Watkins (also once called Box Elder) is an unincorporated community in Adams and Arapahoe counties in the U.S. state of Colorado. The Watkins Post Office has the ZIP Code 80137. In 2006, its population was estimated at 1,955 residents: 306 in Adams County, and 1,649 in Arapahoe County. Long an unincorporated community, Watkins incorporated as a town on June 15, 2004, and voted to dissolve on November 7, 2006. The incorporation was an effort to avoid annexation by Aurora, which surrounds the town on three sides. However, on November 7, 2006, the town voted to revert to being an unincorporated community by a margin of 308-184. Watkins is involved in trying to build the First Park in Adams County and the Watkins Historical Preservation Society is co-operating with the town on some historical buildings for installation in the park as well. Front Range Airport is located near Watkins.