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Foreclosure Law Lawyers In Louisa Kentucky

Louisa is a city in Lawrence County, Kentucky, United States. The population was 2,018 at the 2000 census. It is the county seat of Lawrence County. The Levisa Fork River and Tug Fork River join at Louisa to form the Big Sandy River. Just north of this merger is the location of the first needle dam in the United States which was completed in 1896. The origin on of the city's name is unclear. Theories include that it was named for Louisa County, Virginia, or a corruption of the name of the river ("Levisa") or that it was named after Louisa Swetnam, one of the first children born in the area to Europeans. Settlement attempts began as early as 1790, but did not take hold until 1818. Louisa became the county seat in 1822 and a city in 1823. During the American Civil War, Union troops under future president James A. Garfield occupied the town from December 1861 until the end of the war, despite several Confederate takeover attempts. The city was home to Fred M. Vinson, 13th Chief Justice of the United States. The Chattaroi Railroad (now a part of CSX) connected to Louisa in 1881. The city is also served by US 23.

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...