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Foreclosure Law Lawyers In Crewe Virginia

Crewe is a town in Nottoway County, Virginia, United States. The population was 2,378 at the 2000 census. It was founded in 1888 as a central location to house steam locomotive repair shops for the Norfolk and Western Railroad which has a rail yard there for east-west trains carrying Appalachian coal to Hampton Roads for export abroad, and the street pattern was laid out at that time. It was named for the large railroad town of Crewe, England. The railroad repair facility's importance diminished sharply in the 1950s, as the switch to diesel-electric locomotives required less labor and equipment. Crewe has a small railroad museum. Lottie Moon, a noted Baptist missionary to China, is buried in the town cemetery. A chicken festival is held each third Wednesday in June. The Battle of Sayler's Creek, the last American Civil War engagement before the official surrender, occurred nearby. The Southside Electric Cooperative and the Piedmont Geriatric Hospital are in the vicinity as well.

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...

Federal court opinions concerning foreclosure law in Virginia