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Foreclosure Law Lawyers In Lincoln Virginia

Lincoln is an historic unincorporated village in the Loudoun Valley of Loudoun County, Virginia, located approximately 1.5 miles (2.4 km) south of Purcellville. It was established as the community of Goose Creek during the 1750s by Quaker settlers and renamed Lincoln after the president shortly after his election. Lincoln is home to many stately homes, the Goose Creek Friends Meeting House and Goose Creek Historic District, the Glebe of Shelburne Parish, and an historic Quaker cemetery. The motto of Lincoln Elementary School is, "Lincoln Leopards Love to Learn!" The school's soccer field is commonly referred to as, "Death Valley."

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...