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.
Caguas (founded in 1775) is a city and municipality of Puerto Rico located in the Central Mountain Range of Puerto Rico, south of San Juan and Trujillo Alto, west of Gurabo and San Lorenzo, east of Aguas Buenas, Cidra, and Cayey. Caguas is located 20 miles (32 km) (twenty minutes to an hour by car) from San Juan and 40 miles (64 km) (an hour and a half by car) from Ponce. It is known as El Valle del Turabo (Turabo Valley) or La Ciudad Criolla (The Creole City) and its name originates from the Taíno cacique Caguax. Caguas is both a principal city of the San Juan-Caguas-Guaynabo Metropolitan Statistical Area and the San Juan-Caguas-Fajardo Combined Statistical Area.