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Foreclosure Law Lawyers In Shawsville Virginia

Shawsville is a census-designated place (CDP) in Montgomery County, Virginia, United States. The population was 1,029 at the 2000 census. It is part of the Blacksburg–Christiansburg–Radford Metropolitan Statistical Area which encompasses all of Montgomery County, Virginia and the city of Radford. However, many residents of the eastern section of Montgomery County more often travel to Roanoke, Virginia or Salem, Virginia for work, shopping, and services since these cities are generally closer and do not require driving up Christiansburg Mountain on US 460 (which is a concurrency with US 11 here) or Interstate 81. The community of Elliston-Lafayette is approximately four miles east of Shawsville. The majority of US 460 between the communities is a completely straight stretch of road, which is not common in this area of Virginia, known locally as the Elliston Straightaway. During the 1990s, there was some minor controversy between Elliston and Shawsville about how far down the Elliston Straightaway would be the appropriate place for a "Welcome to Shawsville" sign. Additionally, Shawsville Elementary School also resides in 24087, the Elliston ZIP Code.

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...