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Foreclosure Law Lawyers In North Virginia

Morganton is a city in Burke County, North Carolina, United States. Reader's Digest included Morganton in its list of top ten places to raise a family. The town was recently profiled in The 50 Best Small Southern Towns. The population was 17,310 at the 2000 census. It is the county seat of Burke County. Morganton is one of the principal cities in the Hickory-Lenoir-Morganton, NC Metropolitan Statistical Area. Near the city is the significant archaeological and historic site of Joara, a regional chiefdom of Mississippian culture and the location where the Spanish built Fort San Juan in 1567. It was settled by the Mississippian culture by 1000 CE. It was also the first European colonial settlement in the interior of the United States, built more than 40 years before the English settled Jamestown, Virginia.

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...