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Foreclosure Law Lawyers In Gamaliel Kentucky

Gamaliel is a city in Monroe County, Kentucky, United States. The population was 439 at the 2000 census. Around 1836, James Crawford and John Hayes saw that a town was springing up and donated ten acres of land, at a point where their farms met, to be used for educational and religious purposes. On this property a building was erected and use for school and church, and in 1844 a cemetery was added. In making the grant they stipulated that seven trustees should be appointed to administer this property along the lines provided by the donors. The original trustees were William Crawford, Maston Comer, John Hayes, Robert Welch, James Crawford, Jr. , Charles Browning, Jr. and John Meador. This act of incorporation was passed by the General Assembly of the Commonwealth of Kentucky on December 19, 1840. Samuel DeWitt, local preacher & teacher, said Gamaliel was a good bible name and this was a good village and the town took the name that he suggested. His reference to Gamaliel mentioned in The Holy Bible, Acts 5:34. Then stood there up one in the council, a Pharisee, named Gamaliel, a doctor of the law, had in reputation among all the people, and commanded to put the apostles forth a little space;

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...