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Foreclosure Law Lawyers In Milan Indiana

Milan is a town in Franklin and Washington townships, Ripley County, Indiana, United States. The population was 1,816 at the 2000 census. The town's name is pronounced differently from the English name for the Italian city of the same name. Milan High School won the Indiana state basketball championship against Muncie Central High School in 1954. The signifance of their victory was that Milan was the smallest-populated high school in the U.S. to win a state championship in national history. The 1986 film Hoosiers is based on the story of the 1954 Milan Team. While it is often claimed that Milan is the subject of a volume of poetry entitled "Pop. 359" written in 1941 by Carl Wilson under the pseudonym of Tramp Starr, that book is actually about the nearby town of Moores Hill.

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...