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.
Shiprock is a census-designated place (CDP) in San Juan County, New Mexico, United States, on the Navajo reservation. The population was 8,156 at the 2000 census. It is part of the Farmington Metropolitan Statistical Area. Shiprock is named after the nearby Shiprock rock formation. It is home to the annual Northern Navajo Fair, held every October. It is also home to a campus of Diné College (formerly Navajo Community College), a tribally controlled community college with seven other campuses across the Navajo Nation. It is the site of a Chapter House for the Navajo, a Bureau of Indian Affairs agency, an Indian Health Service hospital, and a branch of Farmington Public Library. Shiprock is a key road junction for truck traffic and tourists visiting the Four Corners, Mesa Verde, and the Grand Canyon. The town lies at the intersection of U.S. Highway 64 and U.S. Highway 491(formerly U.S. Highway 666. ) Despite its location at the confluence of two substantial roads and close to many tourist locations the town is notable for having no hotels or motels, the nearest options being in Farmington, New Mexico to the East and Cortez, Colorado to the North.