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Foreclosure Law Lawyers In Booneville Kentucky

Booneville is a city in Owsley County, Kentucky, United States. The population was 111 at the 2000 census. It is the county seat of Owsley County. It is located at the junction of Kentucky Route 11 and Kentucky Route 30 on the South Fork of the Kentucky River. The town was named for Daniel Boone. The town, consisting at the time of little more than a temporary log courthouse, became the county seat when Owsley County was formed on May 20, 1844. During the civil war, Booneville was a crossroads for various Union and Confederate regiments, and was threatened by Confederate guerrillas, but avoided the destruction that befell some other county seats of Kentucky during the war.

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 Kentucky

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...