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Foreclosure Law Lawyers In Doswell Virginia

Doswell is an unincorporated community in Hanover County in the Central Region of the U.S. state of Virginia. Originally called Hanover Junction, it was located on the Virginia Central Railroad, which later became part of the Chesapeake and Ohio Railroad (C&O) at a crossing of the Richmond, Fredericksburg and Potomac Railroad, a busy north-south route. Both railroads are now owned by CSX Transportation, although the former Virginia Central line is leased to a short-line carrier, Buckingham Branch Railroad. The area near the Doswell train station is a popular train-watching site for railfans. Formerly consisting primarily of farmland, today Doswell includes many residents who commute to jobs in Richmond. Kings Dominion, a major amusement park, is located in the town.

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