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Foreclosure Law Lawyers In Ruthville Virginia

Ruthville is an unincorporated community in Charles City County, Virginia, United States. The community was the central point of the county's free African American population for many years, even before the Civil War (1861-1865). Following Emancipation, the crossroads community included the Mercantile Cooperative Company and Ruthville Training School. The United Sorghum Growers Club also met here. Earlier known by several other names, the name "Ruthville" recalls local resident Ruth Brown. Her name was selected when the Post Office was established there in 1880.

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...