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.
Presidio is a city in Presidio County, Texas, United States. It stands on the Rio Grande (Río Bravo del Norte), on the other side of the U.S. -Mexico border from Ojinaga, Chihuahua. The population was 4,167 at the 2000 census. Presidio is on the Rio Grande, Farm Road 170, and State Highway 67 eighteen miles south of Shafter in southern Presidio County. Presidio is about 240 miles from El Paso, Texas, which is the closest major city to this town.