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Foreclosure Law Lawyers In Carrollton Kentucky

Carrollton is a town in Carroll County, Kentucky, at the confluence of the Ohio River and the Kentucky River. Its population was 3,846 at the 2000 census. It is the county seat of Carroll County. Carrollton was founded in 1794, and it was known as Port William initially. It served as the county seat of Gallatin County until 1838 when the county was split, creating Carroll County, and Port William was renamed Carrollton and became the seat of the new county. The Louisville & Nashville Railroad was built near town in 1868 and eventually became more important to the town's economy than river traffic. It has one of the state's largest tobacco markets, and the population has remained steady since being recorded at 3,884 in the 1970 census. See Carrollton bus disaster for an important, and tragic, event in Carroll County's history.

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...