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Foreclosure Law Lawyers In Carrollton Virginia

Carrollton is an unincorporated community in Isle of Wight County, Virginia, United States. It encompasses the entire area from the border with Newport News in the James River, east to the border with the city of Suffolk, south to the area of Benn's Church, and west to the border of the town of Smithfield. The seat of Carrollton lies near the intersection of U.S. Routes 17 and 258 and State Route 32 at the Post Office. Carrollton does not include the communities of Battery Park or Rescue. Carrollton is located near the southern end of the James River Bridge, across from Newport News, VA. Carrollton has recently experienced growth as a bedroom community.

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...