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.
Taiban is an unincorporated community in De Baca County, New Mexico, United States. It is located on New Mexico Highway 252 at U.S. Routes 60 and 84. Founded in 1906 as a ranching community, it was named for nearby Taiban Creek.