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.
Nye, Montana is an unincorporated community with around 200 residents, with an elementary school, church and a post office. A tiny place in the south-central part of the Montana, some 30 miles north of Yellowstone National Park, Nye is nestled in the foothills of the Beartooth Mountains. Surrounded by majestic mountains and with gorgeous waterways adding to its splendor. Locals will tell you Nye isn't even a town, it's a community. It is home to Carters Camp and the Nye Trading Post.