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Foreclosure Law Lawyers In Poquoson Virginia

Poquoson is an independent city located on the Virginia Peninsula, in the Hampton Roads metropolitan area of Virginia. As of 2007, the city population was 11,858, and the median household income was $78,191, the second highest in all of Hampton Roads. The Bureau of Economic Analysis combines the city of Poquoson with surrounding York county for statistical purposes. Poquoson, which was formerly part of York County, became an incorporated town in 1952 and an independent city in 1975. (In Virginia, municipalities incorporated as independent cities are not part of any county. ) However, the ties remain close. Over 30 years after Poquoson became a politically independent entity, some constitutional services such as the courts, sheriff and jail continue to be shared with neighboring York County. Poquoson is one of the oldest continuously named cities in Virginia. It is also one of the few to retain a name which derived from the Native Americans who inhabited the area before colonization by the English began in the 17th century.

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...

Federal court opinions concerning foreclosure law in Virginia