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Foreclosure Law Lawyers In Wallace Idaho

Wallace is a historic city in the Panhandle region of the U.S. state of Idaho and the county seat of Shoshone County in the Silver Valley mining district. Wallace sits alongside the South Fork of the Coeur d'Alene River and the town's population was 960 at the 2000 census. Wallace is the principal town of the Coeur d'Alene silver-mining district, which produced more silver than any other mining district in the United States. Burke-Canyon Road runs through historic mining communities — many of them now deserted — north and eastward toward the Montana border. East of Wallace, the Route of the Hiawatha (rails-to-trails) and the Lookout Pass ski area are popular with locals and tourists. The elevation is 2728 feet (831 m) above sea level.

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 Idaho

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...