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Foreclosure Law Lawyers In Dana Indiana

Dana is a town in Helt Township, Vermillion County, Indiana, United States. The population was 662 at the 2000 census. It is primarily a farming community. Famed World War II war correspondent Ernie Pyle was born on a tenant farm near Dana. Bert Shepard, a Major League Baseball pitcher for the Washington Senators who had lost his leg in WWII, was also born in Dana.

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...