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Foreclosure Law Lawyers In Covington Virginia

Covington is an independent city in Alleghany County in the state of Virginia. It is one of three cities located in the Roanoke Region. The population was 6,303 at the 2000 census. It is the county seat of Alleghany County. The Bureau of Economic Analysis combines the city of Covington with Alleghany county for statistical purposes. Covington is located at the confluence of Jackson River and Dunlap Creek. The current mayor of Covington is Stephanie Ross Clark, who is the first African-American mayor of Covington as well as the first female mayor. Its media and news needs are served by The Virginian Review newspaper, which has been continuously serving the Alleghany Highlands since August 10, 1914. Fire protection is provided by the Covington Fire Department, which was chartered on March 4, 1902. The Covington Rescue Squad provides emergency medical services to the city of Covington. The squad was organized in 1933 and is the third oldest volunteer rescue squad in the commonwealth of Virginia.

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...