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Foreclosure Law Lawyers In Bumpass Virginia

Bumpass is an unincorporated community located primarily in Louisa County, Virginia, United States, but covering a small portion of both Spotsylvania and Hanover Counties as well. It has received moderate fame for its unusual name. Named for the Bumpass family (from the French Bon Pas meaning "good step") who lived in the area when it was named. It is known for its many farms, defunct ice cream spoon factory, alpaca ranches, and lumbering operations. It contains most of Lake Anna and several houses and estates from the 18th to early 20th centuries, including Jerdone Castle, a plantation (now lakefront) dating to 1742 that is a Virginia Historic Landmark and listed on the National Register of Historical Places. In addition, Bumpass is the home of Argonaut BioFuels, one of the largest biomass-to-energy facilities in the country currently under construction. Alternate names associated with the locality include Bumpas, Bumpass Station, Bumpass Turnout, Jackson District, Northern District, and Second Turnout.

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 Virginia

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...