Legal Question in Real Estate Law in Virginia
foreclosure
In the state of Virginia. If a family member is about to loose their house to foreclosure, can another family member who's capable of obtaining an veterans loan buy/ or stop the foreclosure? If so where do we start?
Asked on 1/29/02, 12:46 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: foreclosure
As long as it's paid off by being sold to the family member before the hammer falls, that's fine. Otherwise, you can stop the foreclosure to buy more time by filing a Chapter 13 bankruptcy.
Answered on 1/29/02, 2:02 pm
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