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.
Raymond is a city in Rice County, Kansas, United States. The population was 95 at the 2000 census. Raymond was named after railroad official Emmus Raymond . It was founded in 1871, making it the oldest town in Rice County. At one point in its history Raymond was known as a wild "cowtown" and was a stop on the Santa Fe Railroad, but the town has been in decline since the 1950s.