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Foreclosure Law Lawyers In Fork Union Virginia

Fork Union is an unincorporated community in southern Fluvanna County, Virginia, along U.S. Highway 15. Its ZIP code is 23055; the population within that ZIP code was 1148 according to the 2000 Census. It is known mainly as the site of Fork Union Military Academy, Fork Union Animal Clinic and Fork Union Motor Lodge, and also for having one of the few surviving drive-in theatres in Virginia, and the only one in the state east of the Blue Ridge (The Drive-In is actually 3 miles south of Fork Union in an area known as Weber City. ) . Fork Union is also home to a post office, a bank, and a small grocery store.

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...