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Foreclosure Law Lawyers In Hampton Virginia

Hampton is an independent city in Virginia, and therefore not part of any Virginia county. As one of the seven major cities that comprise the Hampton Roads metropolitan area, it is on the southeastern end of the Virginia Peninsula, bordering on Hampton Roads harbor and the Chesapeake Bay. It is the sixth most populous city in Virginia, the most populous settlement with the name, and one of the oldest cities in the United States, tracing its history to the year 1610. As of the 2000 U.S. census, the city population was 146,437, but the census estimate for 2005 showed that the city's population was down slightly to 145,579. Hampton hosts Fort Monroe, Langley Air Force Base, NASA Langley Research Center, the Virginia Air and Space Center, historic Hampton University and features a wide array of business and industrial enterprises, retail and residential areas, historical sites, and miles of waterfront and beaches.

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...