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Foreclosure Law Lawyers In Albion Idaho

Albion is a city in Cassia County, Idaho, United States. It is part of the Burley, Idaho Micropolitan Statistical Area. The population was 262 at the 2000 census. Albion was the county seat of Cassia County from 1879 to 1918. Albion is one of the few cities in the Magic Valley region of Idaho founded before 1900. Beginning in 1893 it was home of the Albion State Normal School, which trained many Idaho teachers. The school was closed in 1951 and its teaching programs were transferred to Idaho State College in Pocatello. By 2006 the campus had fallen into serious disrepair. D. L. Evans Bank was founded in Albion in 1904. Although the bank's headquarters is now located in Burley, it continues to operate a branch in Albion.

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 Idaho

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...