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Foreclosure Law Lawyers In Elkton Virginia

Elkton (formerly Conrad's Store) is an incorporated town in Rockingham County, Virginia, United States. It is included in the Harrisonburg, Virginia Metropolitan Statistical Area. The population was 2,042 at the 2000 census. Elkton was named for the Elk Run stream. It is located along the south fork of the Shenandoah River at the intersections of east-west U.S. Route 33 and north-south U.S. Route 340. The town celebrated its 100th anniversary in 2008.

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...