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Foreclosure Law Lawyers In Great Falls Virginia

Great Falls is a census-designated place (CDP) in Fairfax County, Virginia, United States. The population was 8,549 at the 2000 census. Although primarily a bedroom community for Washington, D.C. , one major attraction is Great Falls Park which overlooks the Great Falls of the Potomac River, for which the community and the park are named. George Washington was involved with building a canal around the falls on the southwest, or Virginia, side, called the Patowmack Canal, which did not become commercially viable. Remnants of the canal and of a village around the canal named Matildaville are still visible in the park. River Bend County Park is another gathering area in Great Falls, as is the Village Green, which hosts community celebrations around Easter (Egg Hunt), Fourth of July, Halloween, Thanksgiving, Christmas (Tree Lighting) and other holidays.

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...