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Foreclosure Law Lawyers In Stephens City Virginia

Stephens City is an incorporated town in southern part of Frederick County, Virginia, United States and is a part of the Winchester, Virginia-West Virginia Metropolitan Statistical Area. The population was 1,146 at the 2000 census, and estimated to be 1,446 in 2006. The town was founded by and named for Lewis Stephens in September of 1758. Stephens City is the second oldest in the Shenandoah Valley behind near by Winchester. The town celebrated its bicenquinquagenary, or 250th anniversary, on September 1, 2008. A large section of the center of the town is part of the Newtown-Stephensburg Historic District, a nationally recognized historic district.

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...