OpenJurist

Foreclosure Law Lawyers In Burkeville Virginia

Burkeville is a town in Nottoway County, Virginia, United States. The population was 489 at the 2000 census. The source of the town name is disputed. The town is located on the crossroads of U.S. Routes 360 and 460. Burkeville has a stone quarry, a Tyson Chicken plant, and the Piedmont Geriatric Hospital. There is also a camp retreat for the blind.

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...