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Foreclosure Law Lawyers In Elliston Virginia

Elliston-Lafayette is a census-designated place (CDP) in Montgomery County, Virginia, United States. The population was 1,241 at the 2000 census. It is part of the Blacksburg–Christiansburg–Radford Metropolitan Statistical Area, which encompasses all of Montgomery County, Virginia, including the towns of Blacksburg and Christiansburg, and the city of Radford. However, many residents of the eastern section of Montgomery County more often travel to Roanoke or Salem for work, shopping, and services since these cities are generally closer and do not require driving up Christiansburg Mountain on U.S. Route 460 (which is a concurrency with U.S. Route 11 here) or Interstate 81. Elliston and Lafayette are also considered distinct communities by most local residents. Lafayette is located along the Roanoke River just across the Roanoke County line. The north fork and south fork of the river join near Interstate 81 north of Lafayette. While Lafayette is named for the Marquis de Lafayette, it is pronounced "Luh-fett" or "Luh-fay-ett". The center of Elliston, which is the larger community, is approximately three miles west of Lafayette on US 460. Shawsville is approximately four miles west of Elliston. The majority of US 460 between the communities is a completely straight stretch of road, which is not common in this area of Virginia, known locally as the Elliston Straightaway. During the 1990s, there was some minor controversy between Elliston and Shawsville about how far down the Elliston Straightaway would be the appropriate place for a "Welcome to Shawsville" sign. Additionally, Shawsville Elementary School also resides in 24087, the Elliston ZIP Code.

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...