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Foreclosure Law Lawyers In Marion Station Maryland

Marion Station, also known as Marion, is an unincorporated community in Somerset County, Maryland, United States. It is located at the northern intersection of Maryland Route 413 and Maryland Route 667. After the arrival of the Pennsylvania Railroad arm known as the "Eastern Shore Railroad" toward Crisfield, Marion was locally hailed as the "strawberry capital of the world". After the trains stopped coming it has gone into decline, with some sources even hailing it as a ghost town.

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 Maryland

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...