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.
Capitan is a village in Lincoln County, New Mexico, United States, located north of the Lincoln National Forest between the Capitan and Sacramento Mountains at an elevation of 6,530 feet (1,990 m). The population was 1,443 at the 2000 census. Capitan was founded in the 1890s and incorporated in 1941.