Experienced Charlottesville, Virginia Firm Provides Foreclosure Defense
Knowledgeable attorneys who help you keep your home
When you take out a mortgage, your mortgage company, or creditor, usually retains certain rights to the property you purchase, in what’s known as a security interest. In the event you fall behind on your payments, this security interest allows the creditor to take back, or foreclose, on the property. Virginia law provides important legal rights to homeowners, but if you are being threatened with foreclosure, it’s important to contact an attorney experienced in Virginia foreclosure laws as soon as possible. Our seasoned attorneys with the Miller Law Group, P.C. have the experience and skill to help you keep your home.
The foreclosure timeline
Under Virginia law, a creditor may not begin foreclosure proceedings until you are at least ten days late with your mortgage payment. Every mortgage contains a deed of trust, a legal document that serves as a deed of your property from you to a trustee. The deed of trust forms part of your mortgage and specifies the terms and conditions that must be met before a creditor may start foreclosure action. Since foreclosure can begin just ten days following a late payment, it’s important to seek legal help immediately to avoid losing your property. At the Miller Law Group, P.C., our attorneys have helped clients in Albemarle County and surrounding counties successfully avoid foreclosure by acting quickly and efficiently.
Can I still avoid foreclosure even if I have missed a mortgage payment?
If you are late with a mortgage payment, it may still be possible for you to avoid foreclosure. Contact your lender as soon as possible to arrange a loan modification. By working with your lender to modify your loan, you may achieve a more affordable monthly payment by either lowering the interest rate or extending your mortgage repayment period.
Other options to avoid or delay foreclosure include:
- Selling your home to repay your debt
If you have missed a mortgage payment, you may unfortunately suffer harassment from collection agencies, and some may even make fraudulent offers promising to help you keep your home. That’s why it’s so important to seek the help of a trusted Charlottesville foreclosure defense lawyer as soon as you fall behind on your mortgage payments.
Contact us to learn how you can avoid foreclosure
If you face foreclosure, we can help you keep your home. At the Miller Law Group, P.C., we know that time is of the essence, and we will aggressively pursue solutions to avoid foreclosure. With more than 30 years of combined experience, we work hard to protect what’s important to our clients: their assets and their families. Call us locally at 434-218-3987 or contact us online today for your FREE APPOINTMENT. Our law firm is located behind the Senior Center in Charlottesville and is handicapped-accessible. Parking is available outside the door.
Serving the communities of central Virginia, including Albemarle, Augusta, Buckingham, Charlottesville, Culpeper, Fluvanna, Greene, Louisa, Madison, Orange, Harrisonburg, Staunton and Waynesboro