Thoreau is a census-designated place (CDP) in McKinley County, New Mexico, United States. The population was 1,863 at the 2000 census. Practically all residents pronounce the town's name like "thuh-ROO" (similar to "through" or "threw") and definitely not like "thorough" or "throw. " The town is also not named for Henry David Thoreau, the transcendentalist author, though this is a common misconception. A history of the town was compiled by local author Roxanne Trout Heath in her book "Thoreau, where the trails cross!" published in 1982. The ZIP code for Thoreau is 87323.

Foreclosure Law Lawyers In Thoreau New Mexico

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What is foreclosure law?

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.

Answers to foreclosure law issues in New Mexico

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...

When facing foreclosure it is important that homeowners understand all of the options available to help prevent...