Santa Fe is the capital of the state of New Mexico. It is the fourth-largest city in the state and is the seat of Santa Fe County. Santa Fe (literally 'holy faith' in Spanish) had a population of 62,203 at the April 1, 2000 census; the estimate for July 1, 2006, is 72,056. It is the principal city of the Santa Fe, New Mexico Metropolitan Statistical Area which encompasses all of Santa Fe County and is part of the larger Santa Fe-Española Combined Statistical Area.

Foreclosure Law Lawyers In Santa Fe New Mexico

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What is foreclosure law?

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.

Answers to foreclosure law issues in New Mexico

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...

When facing foreclosure it is important that homeowners understand all of the options available to help prevent...