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Foreclosure Law Lawyers In Grahn Kentucky

Grahn is an unincorporated community in Carter County, Kentucky, United States. It lies along Route 182, east of Olive Hill and southwest of the county seat of Grayson. Its elevation is 692 feet (211 m), and it is located at . Although it is unincorporated, it has a post office, with the ZIP code of 41142. The ZCTA for ZIP code 41142 had a population of 95 at the 2000 census. A school was constructed in Grahn in the 1930s under the direction of the WPA. This building was originally Grahn High School, then later it became Grahn Elementary School. When the school was closed in 1994, residents of the area sought to purchase the building and renovate it into a community center. After a grant was received in 1997, the Grahn School Community Center opened to provide services for people in Grahn and the surrounding area, including a library, thrift store, sports facilities and computer classes.

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...