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Foreclosure Law Lawyers In Georgetown Kentucky

Georgetown is a city in Scott County, Kentucky, United States. The population was 18,080 at the 2000 census. The Kentucky State Data Center estimates Georgetown's population at 21,074 as of July 1, 2007 It is the county seat of Scott County. The original settlement of Lebanon, founded by Rev. Elijah Craig, was renamed in 1790 in honor of President George Washington. It is the home of Georgetown College, a private liberal arts college. Georgetown is part of the Lexington-Fayette, KY Metropolitan Statistical Area. The city's recent growth began in the mid-1980s, when Toyota built Toyota Motor Manufacturing Kentucky, the first wholly owned United States plant, in a recently annexed part of the city. The plant, which currently builds the Camry, Solara, Venza and Avalon automobiles, opened in 1988. It is the largest building in terms of acres covered under one building in the United States, with over 200 acres (0.8 km) occupied. The city also serves as the home of the annual training camp for the NFL's Cincinnati Bengals.

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...