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Foreclosure Law Lawyers In Harrisonburg Virginia

Harrisonburg is an independent city in the Shenandoah Valley region of Virginia in the United States. Its population was 40,468 at the 2000 census and 44,015 according to 2008 estimates. Harrisonburg is the county seat of Rockingham County and the core city of the Harrisonburg, Virginia Metropolitan Statistical Area which has a 2008 estimated population of 118,409. The Bureau of Economic Analysis combines the city of Harrisonburg with Rockingham county for statistical purposes, while the U.S. Census Bureau treats Harrisonburg as an independent city for census tabulation. Harrisonburg is home to James Madison University and Eastern Mennonite University.

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...