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Foreclosure Law Lawyers In Clifton Forge Virginia

Clifton Forge is a town in Alleghany County, Virginia, United States which is part of the Roanoke Region. The population was 4,289 at the 2000 census. The Jackson River flows through the town, which as a result was once known as Jackson's River Station. Clifton Forge was an independent city during the 2000 census. However, in 2001, Clifton Forge gave up its city status and reverted to a town. In previous decades, the railroad was a major employer. Clifton Forge is known for its mountain views and clear streams. It is home to one of the original six state parks of Virginia, Douthat State Park, built during Franklin D. Roosevelt's presidency by the Civilian Conservation Corps.

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...