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nm foreclosure attorney: Foreclosure Process for New Mexico (NM)
- 10/20/08 06:02 PM
If you live or own a home in New Mexico and are facing foreclosure, please see below for the step-by-step process. When you develop a definite plan of action with well-timed, well-informed steps, you can stop the foreclosure process and save your home. We have outlined the foreclosure process for the state of New Mexico. Judicial Foreclosure Available: Yes Non-judicial Foreclosure Available: Yes A lender must file a lawsuit and undertake judicial foreclosure unless the loan is covered by the Deed of Trust Act, which allows non-judicial foreclosure. However, the Deed of Trust Act applies only to business and commercial
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