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Foreclosure Law Lawyers In Nassawadox Virginia

Nassawadox is a town in Northampton County, Virginia, United States. The town, with an area of .4 square miles, is located on U.S. Route 13 on Virginia's Eastern Shore, approximately five miles south of Exmore and twenty-five miles north of the Chesapeake Bay Bridge-Tunnel. The name derives from Native American for "land between two waters. " Nassawadox is bounded on the east by the sea the Atlantic Ocean and on the west by the Chesapeake Bay. The county is divided as is the town into bayside and seaside areas which refers to the land on either side of the highway, Route 13(Lankford Highway) which runs through Accomack and Northampton Counties. Highlighting its name and its location, Nassawadox has since 1993 hosted the annual October Between the Waters Bike Tour, which features bike tours of various lengths between the Eastern Shore's two coasts.

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...