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Foreclosure Law Lawyers In Bainbridge Indiana

Bainbridge is a town in Monroe Township, Putnam County, Indiana, United States. The population was 743 at the 2000 census. This town was named after the prominent war hero of the time William Bainbridge. He was one of the captains of the original 6 frigates of the US navy. When Indiana officially became a state in 1816, Bainbridge's name was as well known and revered then as any celebrity today. He is perhaps most notoriously known, however, for grounding the U.S.S. Philadelphia on shoals outside of Tripoli. Bainbridge was good friends with Stephen Decatur (another prominent captain), who is honored to have Decatur, IN also named after him.

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 Indiana

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...