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Foreclosure Law Lawyers In Guilford Indiana

Guilford is an unincorporated town in York Township, Dearborn County, Indiana. Located at the forks of Tanners Creek the town was first platted in 1850 to take advantage of the fact that a railroad was soon to be built in the area. This made Guilford a prime spot for attracting farmers and merchants who wanted to ship their products. Guilford has the last remaining covered bridge in Dearborn County. Noted bridge builder William Kennedy was hired by the County Commissioners in 1897 to construct the "latest in covered bridges". By 1961, the bridge was slated for replacement with a more durable concrete span. People of the county banded together to save the old structure, raising money and moving it to its present location. It is now the main attraction of the Guilford Covered Bridge Park located at the intersectin of IN St Rt 1 and York Ridge.

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...