OpenJurist

Foreclosure Law Lawyers In Green Bay Virginia

Green Bay is an unincorporated community in Prince Edward County, Virginia, United States located on US Highway 360 between Burkeville Virginia and Keysville Virginia. Peach growing in the area was very successful during the 1930's and 40's, but finally succumbed to the advancement of larger growers and the change in technique and labor availabilities. Rail access was a mainline by Norfolk and Western Railway and also the Southern Railway which have merged to form Norfolk Southern.

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...