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Foreclosure Law Lawyers In Fancy Farm Kentucky

Fancy Farm is an unincorporated community in Graves County, Kentucky, United States, about ten miles west of the county seat, Mayfield on Kentucky Route 80, in the rural western portion of the state called the Jackson Purchase. Fancy Farm was settled by Roman Catholics starting in 1829, and is known for its strong Catholic community. The community grew around St. Jerome Church, built in 1836. The first post office opened in 1843. The colorful name was apparently chosen when the post office opened, by a man who was applying to be postmaster. The village is the site of the annual Fancy Farm Picnic, famous as a traditional political gathering attracting statewide and occasionally national candidates. The picnic began in 1880 as a purely local affair. It takes place mostly on the grounds of Fancy Farm Elementary School. Since 1956 it has been held on the first Saturday in August. It has come to represent the traditional starting point of the fall campaign season in Kentucky. The picnic was of purely local interest until A.B. "Happy" Chandler began making appearances, going for the first time in 1931 while running for Lieutenant Governor. So many Kentucky politicians attend that it tends to only be news when a major politician decides not to make an appearance, such as senator Jim Bunning in 2007. National figures that have made speeches include George C. Wallace and Al Gore. Vice President Alben Barkley, known for his oratorical skills, spoke many times over the years before his death in 1956. He was born nearby in a small community called Wheel. In addition to the political appearances, the picnic offers traditional fair activities like bingo games and raffle prizes. Food includes barbecue, a Knights of Columbus fish fry and homemade baked goods. The event was recognized in the 1985 Guinness Book of World Records as the "World's Largest Picnic", for the consumption of 15,000 pounds of mutton, pork, and chicken at the 1982 picnic. The picnic is profitable and proceeds are used to finance local improvements. No outside vendors participate, and about 12,000 to 15,000 people attend each year.

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...