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.
Chemult is an unincorporated community in Klamath County, Oregon, United States, on U.S. Route 97. Chemult has a population of about 300 people. Chemult's elevation is 4,764 feet (1,452 m). The locale was originally established in 1924 as a station on the Southern Pacific Cascade Line named "Knott" during construction. The station's name was changed to Chemult when the line opened in 1926 and a post office was established the same year. The name Chemult comes from a Klamath chief who was one of the 26 who signed the Klamath Lake Treaty of October 14, 1864. Amtrak's Coast Starlight stops in Chemult daily at the Chemult Amtrak station, and Redmond Airport Shuttle provides a bus connection from the train to Bend. There is also a Winema National Forest ranger station within the community. The area around Chemult is commonly used for hiking, snowmobiling, cross-country skiing, dog sled racing, fishing, and hunting. Chemult also offers the annual Sled Dog Races where mushers come to race their sled dogs and compete for cash prizes.