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Foreclosure Law Lawyers In Radford Virginia

Radford is an independent city in Virginia, United States. The population was 15,859 at the 2000 census, with an estimated increase to 16,125 in 2008. For statistical purposes, the Bureau of Economic Analysis combines the city of Radford with neighboring Montgomery County, including the towns of Blacksburg and Christiansburg, calling the combination the Blacksburg-Christiansburg-Radford Metropolitan Statistical Area. Radford University is located here. The Radford Arsenal is nearby in Pulaski County. Radford City has four schools: McHarg Elementary, Belle Heth Elementary, Dalton Intermediate, and Radford High School.

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...